# PPP loan: RELIABLE ENERGY MANAGEMENT INC.
> **$1.28M** approved 02/13/2021 · Paid in Full · Loan `8640168400`
## Borrower
- **Name:** RELIABLE ENERGY MANAGEMENT INC.
- **Address:** 6829 Walthall Way, Paramount, CA, 90723-2028
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.28M (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.28M
- **Jobs reported:** 105
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*