# PPP loan: GROVES ELECTRICAL SERVICE INC
> **$1.23M** approved 04/15/2020 · Paid in Full · Loan `1875967204`
## Borrower
- **Name:** GROVES ELECTRICAL SERVICE INC
- **Address:** 2410 Squire Place, DALLAS, TX, 75234
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 138
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*