# PPP loan: RILEY ELECTRIC COMPANY INC
> **$911K** approved 04/27/2020 · Paid in Full · Loan `4289197210`
## Borrower
- **Name:** RILEY ELECTRIC COMPANY INC
- **Address:** 235 Johnson Riley Road, CALVERT CITY, KY, 42029
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $911K
- **Initial approval:** $911K
- **Forgiven:** $916K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $684K
- **Utilities:** $228K
- **Jobs reported:** 47
## Lender
- **Originating:** The City National Bank of Metropolis
- **Servicing:** The City National Bank of Metropolis (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*