# PPP loan: RELIABLE ELECTRIC INC
> **$749K** approved 04/27/2020 · Paid in Full · Loan `5460487209`
## Borrower
- **Name:** RELIABLE ELECTRIC INC
- **Address:** LAMBSKIN ST, TUMWATER, WA, 98512-6799
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $749K
- **Initial approval:** $749K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $749K
- **Jobs reported:** 32
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*