# PPP loan: R & T ELECTRIC LLC
> **$306K** approved 04/09/2020 · Paid in Full · Loan `9303987004`
## Borrower
- **Name:** R & T ELECTRIC LLC
- **Address:** 1415 AL HIGHWAY 144, OHATCHEE, AL, 36271-7922
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $285K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 15
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*