# PPP loan: REIDS ELECTRICAL SERVICE, LLC
> **$156K** approved 04/10/2020 · Paid in Full · Loan `2425997101`
## Borrower
- **Name:** REIDS ELECTRICAL SERVICE, LLC
- **Address:** 9010 W SMITH ST, YORKTOWN, IN, 47396-1313
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $5K
- **Utilities:** $2K
- **Health care:** $12K
- **Jobs reported:** 17
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*