# PPP loan: RELIANT ELECTRICAL CONTRACTING INC
> **$1.19M** approved 05/01/2020 · Paid in Full · Loan `7986487300`
## Borrower
- **Name:** RELIANT ELECTRICAL CONTRACTING INC
- **Address:** 628 Classon Avenue, Brooklyn, NY, 11238
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Jobs reported:** 160
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*