# PPP loan: REVERE ELECTRIC SUPPLY COMPANY
> **$5.60M** approved 04/07/2020 · Paid in Full · Loan `7260197003`
## Borrower
- **Name:** REVERE ELECTRIC SUPPLY COMPANY
- **Address:** 8807 187th Street, MOKENA, IL, 60448-7706
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.60M
- **Initial approval:** $5.60M
- **Forgiven:** $5.67M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.60M
- **Jobs reported:** 374
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*