# PPP loan: REGIONAL ELECTRIC, LLC
> **$238K** approved 04/05/2020 · Paid in Full · Loan `5097527006`
## Borrower
- **Name:** REGIONAL ELECTRIC, LLC
- **Address:** 2085 LISBON RD Ste 7, LEWISTON, ME, 04240-1311
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 20
## Lender
- **Originating:** Norway Savings Bank
- **Servicing:** Norway Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*