# PPP loan: MAYFIELD ELECTRIC COMPANY, INC.
> **$355K** approved 04/12/2020 · Paid in Full · Loan `3973097108`
## Borrower
- **Name:** MAYFIELD ELECTRIC COMPANY, INC.
- **Address:** 4626 FLOYD ST, HOUSTON, TX, 77007-5510
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $467K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 37
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*