# PPP loan: RMS ELECTRICIAL SERVICES INC
> **$1.60M** approved 04/28/2020 · Paid in Full · Loan `7708327200`
## Borrower
- **Name:** RMS ELECTRICIAL SERVICES INC
- **Address:** 4470 REGENCY PLACE, WHITE PLAINS, MD, 20695
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 105
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*