# PPP loan: GB REESE ELECTRIC INC
> **$781K** approved 04/13/2020 · Paid in Full · Loan `5431107103`
## Borrower
- **Name:** GB REESE ELECTRIC INC
- **Address:** 1750 Sherman Avenue, NORTH BEND, OR, 97459-3534
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $781K
- **Initial approval:** $469K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $781K
- **Jobs reported:** 38
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*