# PPP loan: RANCHO PACIFIC ELECTRIC, INC.
> **$1.65M** approved 04/09/2020 · Paid in Full · Loan `9505727005`
## Borrower
- **Name:** RANCHO PACIFIC ELECTRIC, INC.
- **Address:** 9063 SANTA ANITA AVE, RANCHO CUCAMONGA, CA, 91730-6142
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $442K
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 73
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*