# PPP loan: VA ELECTRICAL CONTRACTORS LLC
> **$1.56M** approved 04/05/2020 · Paid in Full · Loan `5301717002`
## Borrower
- **Name:** VA ELECTRICAL CONTRACTORS LLC
- **Address:** 217 S RIVER ST Suite 400, SEGUIN, TX, 78155-6104
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $100K
- **Utilities:** $13K
- **Jobs reported:** 128
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*