# PPP loan: ROSE ELECTRIC INCORPORATED
> **$263K** approved 02/11/2021 · Paid in Full · Loan `7252308409`
## Borrower
- **Name:** ROSE ELECTRIC INCORPORATED
- **Address:** 300 Tradesmens Park Dr Ste 100, Hutto, TX, 78634-4064
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** R Bank
- **Servicing:** R Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*