# PPP loan: R&G ELECTRIC INC.
> **$423K** approved 02/01/2021 · Paid in Full · Loan `1152478409`
## Borrower
- **Name:** R&G ELECTRIC INC.
- **Address:** 2802 Conestoga Dr, Gillette, WY, 82718-8100
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $405K (96%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 22
## Lender
- **Originating:** First National Bank of Gillette
- **Servicing:** First National Bank of Gillette (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*