# PPP loan: ROGER ELECTRIC, INC.
> **$389K** approved 04/07/2020 · Paid in Full · Loan `7217027003`
## Borrower
- **Name:** ROGER ELECTRIC, INC.
- **Address:** 73 LAKE AVENUE EXT, DANBURY, CT, 06810-2306
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $58K
- **Utilities:** $19K
- **Jobs reported:** 29
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*