# PPP loan: POINT ONE ELECTRICAL SYSTEMS, INC.
> **$1.00M** approved 05/01/2020 · Paid in Full · Loan `9907087703`
## Borrower
- **Name:** POINT ONE ELECTRICAL SYSTEMS, INC.
- **Address:** 6751 SOUTHFRONT RD, LIVERMORE, CA, 94551
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.02M (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 53
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*