# PPP loan: BLANCO ELECTRIC LTD CO.
> **$1.05M** approved 04/08/2020 · Paid in Full · Loan `8826197008`
## Borrower
- **Name:** BLANCO ELECTRIC LTD CO.
- **Address:** 915 LEHMAN ST, HOUSTON, TX, 77018-1437
- **NAICS:** 221118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 88
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*