# PPP loan: RHODES ELECTRIC INC
> **$166K** approved 04/08/2020 · Paid in Full · Loan `8084247010`
## Borrower
- **Name:** RHODES ELECTRIC INC
- **Address:** 9960 ROSEMARK RD, ATOKA, TN, 38004-7560
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of Bartlett
- **Servicing:** Bank of Bartlett (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*