# PPP loan: KING ELECTRIC LLC
> **$645K** approved 04/08/2020 · Paid in Full · Loan `8307967001`
## Borrower
- **Name:** KING ELECTRIC LLC
- **Address:** 1507 S. Shepard Ave., EL RENO, OK, 73036-6363
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Jobs reported:** 49
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*