# PPP loan: UNITED ELECTRICAL INC
> **$222K** approved 01/14/2021 · Paid in Full · Loan `9940368201`
## Borrower
- **Name:** UNITED ELECTRICAL INC
- **Address:** 5552 Cerritos Ave Ste F, Cypress, CA, 90630-4725
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $223K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** California International Bank, A National Banking Association
- **Servicing:** California International Bank, A National Banking Association (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*