# PPP loan: ABLE ELECTRIC SERVICE INC
> **$963K** approved 04/30/2020 · Paid in Full · Loan `4881557308`
## Borrower
- **Name:** ABLE ELECTRIC SERVICE INC
- **Address:** 2626 ELECTRONIC LN, DALLAS, TX, 75220
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $963K
- **Initial approval:** $963K
- **Forgiven:** $973K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $963K
- **Jobs reported:** 81
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*