# PPP loan: RYBA ELECTRIC INC
> **$203K** approved 01/17/2021 · Paid in Full · Loan `1543448310`
## Borrower
- **Name:** RYBA ELECTRIC INC
- **Address:** 3405 N Prospect St Ste 100, Colorado Springs, CO, 80907-5489
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Waypoint Bank
- **Servicing:** Waypoint Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*