# PPP loan: MID-COAST ELECTRIC SUPPLY INC
> **$2.00M** approved 02/27/2021 · Paid in Full · Loan `5331168501`
## Borrower
- **Name:** MID-COAST ELECTRIC SUPPLY INC
- **Address:** 3354 Nacogdoches Rd, San Antonio, TX, 78217-3323
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.82M (91%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 120
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*