# PPP loan: INTREPID ELECTRIC INC
> **$165K** approved 04/03/2020 · Paid in Full · Loan `4464017004`
## Borrower
- **Name:** INTREPID ELECTRIC INC
- **Address:** 511 GLENNA ST, SAN ANGELO, TX, 76901-2721
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 6
## Lender
- **Originating:** The First National Bank of Ballinger
- **Servicing:** The First National Bank of Ballinger (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*