# PPP loan: GIFFORD TV & ELECTRONICS INC
> **$166K** approved 04/06/2020 · Paid in Full · Loan `6149447003`
## Borrower
- **Name:** GIFFORD TV & ELECTRONICS INC
- **Address:** 1493 W SOUTH LOOP, STEPHENVILLE, TX, 76401-5140
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Utilities:** $42K
- **Jobs reported:** 23
## 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*