# PPP loan: PAUL'S ELECTRIC COMPANY INC.
> **$162K** approved 01/20/2021 · Paid in Full · Loan `1925188310`
## Borrower
- **Name:** PAUL'S ELECTRIC COMPANY INC.
- **Address:** 5007 Clear Creek Rd, Killeen, TX, 76549-4157
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $165K (102%)
- **Forgiveness date:** 11/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 15
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*