# PPP loan: VERO ELECTRICAL SERVICES, LLC
> **$316K** approved 04/06/2020 · Paid in Full · Loan `6432797009`
## Borrower
- **Name:** VERO ELECTRICAL SERVICES, LLC
- **Address:** 10159 windfern, houston, TX, 77964-5813
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $10K
- **Utilities:** $5K
- **Health care:** $43K
- **Debt interest:** $5K
- **Jobs reported:** 24
## Lender
- **Originating:** Bank of Houston
- **Servicing:** Bank of Houston (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*