# PPP loan: S&S ELECTRICAL, INC.
> **$241K** approved 04/30/2020 · Paid in Full · Loan `7380747301`
## Borrower
- **Name:** S&S ELECTRICAL, INC.
- **Address:** 705 N GREENVILLE AVE, STE 709, ALLEN, TX, 75002-2177
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Mortgage interest:** $24K
- **Utilities:** $24K
- **Jobs reported:** 18
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*