# PPP loan: FOCAL ELECTRIC COMPANY
> **$177K** approved 04/27/2020 · Paid in Full · Loan `4271087203`
## Borrower
- **Name:** FOCAL ELECTRIC COMPANY
- **Address:** 3731 Cavalier Drive, Garland, TX, 75042
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 17
## 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*