# PPP loan: RELIANCE ELECTRIC, INC.
> **$1.09M** approved 07/31/2020 · Paid in Full · Loan `1971248207`
## Borrower
- **Name:** RELIANCE ELECTRIC, INC.
- **Address:** 2775 W HAMPDEN AVE STE 100, ENGLEWOOD, CO, 80110-1957
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 98
## Lender
- **Originating:** BOKF, National Association
- **Servicing:** BOKF, National Association (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*