# PPP loan: MCLEOD ELECTRIC LLC
> **$374K** approved 04/09/2020 · Paid in Full · Loan `8942877008`
## Borrower
- **Name:** MCLEOD ELECTRIC LLC
- **Address:** 14671 SUMMERS RD, BATON ROUGE, LA, 70818-6018
- **NAICS:** 811219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Jobs reported:** 37
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*