# PPP loan: ROYAL ELECTRICAL SERVICES, INC.
> **$390K** approved 04/14/2020 · Paid in Full · Loan `7694607101`
## Borrower
- **Name:** ROYAL ELECTRICAL SERVICES, INC.
- **Address:** 820 W 2ND STREET, PUEBLO, CO, 81003
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 27
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*