# PPP loan: P & J ELECTRIC INC.
> **$1.44M** approved 02/10/2021 · Paid in Full · Loan `6081188410`
## Borrower
- **Name:** P & J ELECTRIC INC.
- **Address:** 100 N Julian St, San Diego, TX, 78384-2655
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.44M
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Kleberg Bank, National Association
- **Servicing:** Kleberg Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*