# PPP loan: ALLIED ELECTRICAL GROUP OF TEXAS, INC.
> **$216K** approved 04/27/2020 · Paid in Full · Loan `5263447209`
## Borrower
- **Name:** ALLIED ELECTRICAL GROUP OF TEXAS, INC.
- **Address:** 10720 MILLER ROAD STE 104, DALLAS, TX, 75238
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $220K (102%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 21
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*