# PPP loan: REVOLUTION ELECTRIC, INC.
> **$184K** approved 04/04/2020 · Paid in Full · Loan `4603027008`
## Borrower
- **Name:** REVOLUTION ELECTRIC, INC.
- **Address:** 480 SHELLEY ST STE B, SPRINGFIELD, OR, 97477-1965
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $174K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 14
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*