# PPP loan: SPIKE ELECTRIC AND CONTROLS LLC
> **$498K** approved 03/31/2021 · Paid in Full · Loan `3901548708`
## Borrower
- **Name:** SPIKE ELECTRIC AND CONTROLS LLC
- **Address:** 5914 E Sam Houston Pkwy S Bldg 3, Houston, TX, 77034-5561
- **NAICS:** 423990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $498K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*