# PPP loan: KING ELECTRIC
> **$159K** approved 04/29/2020 · Paid in Full · Loan `4369027303`
## Borrower
- **Name:** KING ELECTRIC
- **Address:** 8508 RANNIE RD, HOUSTON, TX, 77080
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 18
## Lender
- **Originating:** Plains State Bank
- **Servicing:** Plains State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*