# PPP loan: RIGHT CHOICE ELECTRIC, INC
> **$284K** approved 04/04/2020 · Paid in Full · Loan `4646227009`
## Borrower
- **Name:** RIGHT CHOICE ELECTRIC, INC
- **Address:** 2145 N 44th St, GRAND FORKS, ND, 58203-1301
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Jobs reported:** 24
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*