# PPP loan: DX ELECTRIC COMPANY
> **$372K** approved 04/12/2020 · Paid in Full · Loan `4047797101`
## Borrower
- **Name:** DX ELECTRIC COMPANY
- **Address:** 920 MINTERS CHAPEL RD SUITE 400, GRAPEVINE, TX, 76051-1301
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Mortgage interest:** $74K
- **Jobs reported:** 27
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*