# PPP loan: K B ELECTRICAL CONSTRUCTION CO.
> **$614K** approved 02/25/2021 · Paid in Full · Loan `4458998506`
## Borrower
- **Name:** K B ELECTRICAL CONSTRUCTION CO.
- **Address:** 1360 S US Highway 385, Andrews, TX, 79714-6023
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $614K
- **Initial approval:** $614K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $614K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** The National Bank of Andrews
- **Servicing:** The National Bank of Andrews (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*