# PPP loan: BANDERA UTILITY CONTRACTORS INC
> **$901K** approved 04/05/2020 · Paid in Full · Loan `5239957002`
## Borrower
- **Name:** BANDERA UTILITY CONTRACTORS INC
- **Address:** 416 interchange street, MCKINNEY, TX, 75071-1829
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $901K
- **Initial approval:** $901K
- **Forgiven:** $907K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Utilities:** $181K
- **Jobs reported:** 78
## Lender
- **Originating:** Valliance Bank
- **Servicing:** Valliance Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*