# PPP loan: ROANOKE ELECTRONIC CONTROLS INC.
> **$180K** approved 02/06/2021 · Paid in Full · Loan `4256998410`
## Borrower
- **Name:** ROANOKE ELECTRONIC CONTROLS INC.
- **Address:** 312 Main St, Roanoke, AL, 36274-1436
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 18
## 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*