# PPP loan: RALEIGH LANEHART ELECTRIC CO, INC.
> **$613K** approved 04/13/2020 · Paid in Full · Loan `4485227105`
## Borrower
- **Name:** RALEIGH LANEHART ELECTRIC CO, INC.
- **Address:** 2411 RIVER HILL RD, IRVING, TX, 75061-8909
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $620K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $613K
- **Jobs reported:** 59
## Lender
- **Originating:** Dallas Capital Bank, National Association
- **Servicing:** Dallas Capital Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*