# PPP loan: M. SAKUMA ELECTRIC INC.
> **$518K** approved 05/01/2020 · Exemption 4 · Loan `9192817300`
## Borrower
- **Name:** M. SAKUMA ELECTRIC INC.
- **Address:** 860 MAPUNAPUNA ST #8, HONOLULU, HI, 96819-2049
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 20
## Lender
- **Originating:** Hawaii National Bank
- **Servicing:** Hawaii National Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*