# PPP loan: ROBERTS ELECTRIC CO INC
> **$495K** approved 02/04/2021 · Paid in Full · Loan `3325848400`
## Borrower
- **Name:** ROBERTS ELECTRIC CO INC
- **Address:** 2408 Webster St, Oakland, CA, 94612-3118
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $495K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*