# PPP loan: REPUBLIC ELECTRIC INC
> **$1.31M** approved 01/27/2021 · Paid in Full · Loan `6405788301`
## Borrower
- **Name:** REPUBLIC ELECTRIC INC
- **Address:** 3985 N Pecos Rd, Las Vegas, NV, 89115-4801
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 137
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*