# PPP loan: U.S. ELECTRICAL CO
> **$881K** approved 04/13/2020 · Paid in Full · Loan `5557437103`
## Borrower
- **Name:** U.S. ELECTRICAL CO
- **Address:** 301 California Street S.E., Albuquerque, NM, 87108-3023
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $881K
- **Initial approval:** $881K
- **Forgiven:** $891K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $881K
- **Jobs reported:** 103
## Lender
- **Originating:** Sunflower Bank National Association
- **Servicing:** Sunflower Bank National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*