# PPP loan: HALL ELECTRIC COMPANY, INC.
> **$306K** approved 04/29/2020 · Paid in Full · Loan `4344147308`
## Borrower
- **Name:** HALL ELECTRIC COMPANY, INC.
- **Address:** 7001 N. NAVARRO ST, VICTORIA, TX, 77904-1509
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Mortgage interest:** $38K
- **Utilities:** $38K
- **Jobs reported:** 30
## Lender
- **Originating:** Crossroads Bank
- **Servicing:** Crossroads Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*