# PPP loan: GAGE ELECTRIC COMPANY
> **$207K** approved 06/18/2020 · Exemption 4 · Loan `8195407906`
## Borrower
- **Name:** GAGE ELECTRIC COMPANY
- **Address:** 13331 Tobacco Rd, EL PASO, TX, 79925
- **NAICS:** 561499
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 24
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*