# PPP loan: SODD ELECTRIC CO. INC.
> **$250K** approved 04/05/2020 · Paid in Full · Loan `5281697000`
## Borrower
- **Name:** SODD ELECTRIC CO. INC.
- **Address:** 137 FAIRVIEW ST, ARLINGTON, TX, 76010-7222
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $63K
- **Jobs reported:** 31
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*