# PPP loan: ROBERT COLBURN ELECTRIC INC
> **$707K** approved 01/16/2021 · Paid in Full · Loan `1314088305`
## Borrower
- **Name:** ROBERT COLBURN ELECTRIC INC
- **Address:** 304 C St, Eureka, CA, 95501-0355
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $707K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Redwood Capital Bank
- **Servicing:** Redwood Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*