# PPP loan: RCI ELECTRIC, INC.
> **$225K** approved 04/28/2020 · Paid in Full · Loan `6703117203`
## Borrower
- **Name:** RCI ELECTRIC, INC.
- **Address:** 2130 South 130th E. Ave., TULSA, OK, 74134-1004
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 24
## Lender
- **Originating:** WeStreet FCU
- **Servicing:** WeStreet FCU (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*