# PPP loan: TEXAS ELECTRICAL RESIDENTIAL CONTRACTORS LLC
> **$256K** approved 05/01/2020 · Paid in Full · Loan `6020617702`
## Borrower
- **Name:** TEXAS ELECTRICAL RESIDENTIAL CONTRACTORS LLC
- **Address:** 12031 REEDCREST ST, HOUSTON, TX, 77085-1113
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 45
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*