# PPP loan: REYES ELENTRIC INC
> **$173K** approved 06/29/2021 · Charged Off · Loan `1161519101`
## Borrower
- **Name:** REYES ELENTRIC INC
- **Address:** 3885 NW 125th St, Opa Locka, FL, 33054-4515
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*