# PPP loan: R. MCCLURE ELECTRIC INC
> **$652K** approved 02/19/2021 · Paid in Full · Loan `1723888506`
## Borrower
- **Name:** R. MCCLURE ELECTRIC INC
- **Address:** 706 Portal St Ste D, Cotati, CA, 94931-3067
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $652K
- **Initial approval:** $652K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $652K
- **Jobs reported:** 51
## Lender
- **Originating:** Summit State Bank
- **Servicing:** Summit State Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*