# PPP loan: HOUSTON COUNTY ELECTRIC COOPERATIVE, INC.
> **$881K** approved 04/16/2020 · Paid in Full · Loan `2930297202`
## Borrower
- **Name:** HOUSTON COUNTY ELECTRIC COOPERATIVE, INC.
- **Address:** P O BOX 52, CROCKETT, TX, 75835-0052
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $881K
- **Initial approval:** $881K
- **Forgiven:** $888K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $881K
- **Jobs reported:** 64
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*