# PPP loan: R.E. YATES ELECTRIC INC
> **$420K** approved 04/09/2020 · Paid in Full · Loan `1092617110`
## Borrower
- **Name:** R.E. YATES ELECTRIC INC
- **Address:** 160 BET TECH DR, ALIQUIPPA, PA, 15001-2419
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 20
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*