# PPP loan: WILLIS ELECTRIC CO. LP
> **$424K** approved 04/06/2020 · Paid in Full · Loan `5799907007`
## Borrower
- **Name:** WILLIS ELECTRIC CO. LP
- **Address:** 7109 PO BOX, ABILENE, TX, 79608-7109
- **NAICS:** 238210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $413K (97%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Utilities:** $106K
- **Jobs reported:** 28
## 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*