# PPP loan: TEMPLAR ELECTRIC L.L.C.
> **$1.53M** approved 04/28/2020 · Paid in Full · Loan `1035367307`
## Borrower
- **Name:** TEMPLAR ELECTRIC L.L.C.
- **Address:** 19103 interstate 45, SPRING, TX, 77388-6011
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $76K
- **Utilities:** $15K
- **Health care:** $31K
- **Jobs reported:** 158
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*