# PPP loan: FOREMAN ELECTRIC SERVICES
> **$1.19M** approved 03/01/2021 · Paid in Full · Loan `5597178501`
## Borrower
- **Name:** FOREMAN ELECTRIC SERVICES
- **Address:** 2626 JBS Parkway Ste 205B, Odessa, TX, 79761
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Utilities:** $1
- **Jobs reported:** 118
## Lender
- **Originating:** Heartland CU
- **Servicing:** Heartland CU (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*