# PPP loan: BUILDERS ELECTRIC CORPORATION
> **$345K** approved 02/04/2021 · Paid in Full · Loan `3021568400`
## Borrower
- **Name:** BUILDERS ELECTRIC CORPORATION
- **Address:** 1420 S Main St, Mansfield, TX, 76063-2741
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $346K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** The American National Bank of Texas
- **Servicing:** The American National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*