# PPP loan: RCI ELECTRIC, INC.
> **$1.17M** approved 04/13/2020 · Paid in Full · Loan `4880757100`
## Borrower
- **Name:** RCI ELECTRIC, INC.
- **Address:** 3144 Fitzgerald Road, RANCHO CORDOVA, CA, 95742-6802
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Jobs reported:** 116
## Lender
- **Originating:** American River Bank, A Division of
- **Servicing:** Bank of Marin (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*