# PPP loan: PATCO ELECTRICAL SERVICES, INC.
> **$1.04M** approved 04/05/2020 · Paid in Full · Loan `5107867008`
## Borrower
- **Name:** PATCO ELECTRICAL SERVICES, INC.
- **Address:** 1509 SE 25th St, OKLAHOMA CITY, OK, 73129-7607
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $960K
- **Rent:** $33K
- **Utilities:** $8K
- **Health care:** $34K
- **Debt interest:** $2K
- **Jobs reported:** 91
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*