# PPP loan: REDS ELECTRICAL SERVICE INC
> **$1.95M** approved 03/10/2021 · Paid in Full · Loan `8625478510`
## Borrower
- **Name:** REDS ELECTRICAL SERVICE INC
- **Address:** 1935 NE Stephens St, Roseburg, OR, 97470-1435
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.95M
- **Utilities:** $1
- **Jobs reported:** 137
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*