# PPP loan: REA ELEKTRONIK INC.
> **$645K** approved 03/30/2021 · Paid in Full · Loan `2787508708`
## Borrower
- **Name:** REA ELEKTRONIK INC.
- **Address:** 7307 Young Dr Ste B, Walton Hills, OH, 44146-5358
- **NAICS:** 339940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $645K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*