# PPP loan: RC3 ELECTRIC, LLC
> **$752K** approved 04/10/2020 · Paid in Full · Loan `2124397105`
## Borrower
- **Name:** RC3 ELECTRIC, LLC
- **Address:** 103 WASHINGTON RIDGE RD, NEW MILFORD, CT, 06776-2258
- **NAICS:** 237130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $752K
- **Jobs reported:** 20
## Lender
- **Originating:** Savings Bank of Danbury
- **Servicing:** Savings Bank of Danbury (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*