# PPP loan: PATTON ELECTRIC INC.
> **$240K** approved 01/29/2021 · Paid in Full · Loan `8537938310`
## Borrower
- **Name:** PATTON ELECTRIC INC.
- **Address:** 6624 County Road 1126B, Godley, TX, 76044-4219
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 13
## Lender
- **Originating:** Grandview Bank
- **Servicing:** Grandview Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*