# PPP loan: DESERT HILLS ELECTRIC SUPPLY, INC
> **$596K** approved 04/06/2020 · Paid in Full · Loan `6178057003`
## Borrower
- **Name:** DESERT HILLS ELECTRIC SUPPLY, INC
- **Address:** COMMERCE RD, ARTESIA, NM, 88210-9432
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $765K
- **Forgiven:** $599K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Health care:** $162K
- **Jobs reported:** 60
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*