# PPP loan: REYES ELECTRICAL CONTRACTOR INC.
> **$500K** approved 03/18/2021 · Paid in Full · Loan `4253718608`
## Borrower
- **Name:** REYES ELECTRICAL CONTRACTOR INC.
- **Address:** 628 Thompson Ave, Glendale, CA, 91201-2003
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 24
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*