# PPP loan: ESOP - PACIFIC UTILITY INSTALLATION, INC.
> **$1.94M** approved 04/06/2020 · Paid in Full · Loan `6398517001`
## Borrower
- **Name:** ESOP - PACIFIC UTILITY INSTALLATION, INC.
- **Address:** 510 MALLOY CT, CORONA, CA, 92880-2045
- **NAICS:** 238210
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $2.14M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Rent:** $34K
- **Utilities:** $20K
- **Jobs reported:** 146
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*