# PPP loan: NORTHEAST TEXAS POWER LTD.
> **$472K** approved 02/24/2021 · Paid in Full · Loan `3592878501`
## Borrower
- **Name:** NORTHEAST TEXAS POWER LTD.
- **Address:** 3163 FM 499, Cumby, TX, 75433
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $474K (100%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $472K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Alliance Bank
- **Servicing:** Alliance Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*