# PPP loan: REGAL SOLAR ELECTRIC INC.
> **$244K** approved 04/13/2020 · Paid in Full · Loan `5476647105`
## Borrower
- **Name:** REGAL SOLAR ELECTRIC INC.
- **Address:** 5020 Pacheco Blvd, MARTINEZ, CA, 94553-4327
- **NAICS:** 221114
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 29
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*