# PPP loan: KEL-TEX ELECTRIC INC
> **$422K** approved 04/06/2020 · Paid in Full · Loan `6089517008`
## Borrower
- **Name:** KEL-TEX ELECTRIC INC
- **Address:** 200 S Main, BORGER, TX, 79008-0546
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Jobs reported:** 32
## Lender
- **Originating:** Amarillo National Bank
- **Servicing:** Amarillo National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*