# PPP loan: ROBCO ELECTRIC INC.
> **$1.78M** approved 01/28/2021 · Paid in Full · Loan `7461248302`
## Borrower
- **Name:** ROBCO ELECTRIC INC.
- **Address:** 5692 La Costa Canyon Ct # 105, Las Vegas, NV, 89139-6983
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.78M
- **Forgiven:** $1.79M (100%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.78M
- **Jobs reported:** 93
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*