# PPP loan: RDS ELECTRIC INC
> **$439K** approved 02/10/2021 · Paid in Full · Loan `6113608400`
## Borrower
- **Name:** RDS ELECTRIC INC
- **Address:** 6618 N 58th Dr, Glendale, AZ, 85301-3906
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $441K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $439K
- **Jobs reported:** 39
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*