# PPP loan: WEBER ELECTRIC INC.
> **$537K** approved 03/23/2021 · Paid in Full · Loan `7362258604`
## Borrower
- **Name:** WEBER ELECTRIC INC.
- **Address:** 9793 IH10 West, Marion, TX, 78124
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Jobs reported:** 49
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*