# PPP loan: NATIONWIDE ELECTRICAL CONTRACTORS, LLC
> **$232K** approved 04/08/2020 · Paid in Full · Loan `8544727003`
## Borrower
- **Name:** NATIONWIDE ELECTRICAL CONTRACTORS, LLC
- **Address:** 7917 McPherson Rd  Suite 205-526, LAREDO, TX, 78045-2812
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $323K
- **Forgiven:** $237K (102%)
- **Forgiveness date:** 06/29/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $3K
- **Utilities:** $10K
- **Jobs reported:** 28
## Lender
- **Originating:** Texas Community Bank
- **Servicing:** Texas Community Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*