# PPP loan: R/S ELECTRIC UTILITY SERVICES, CORP.
> **$1.16M** approved 04/09/2020 · Paid in Full · Loan `9806257010`
## Borrower
- **Name:** R/S ELECTRIC UTILITY SERVICES, CORP.
- **Address:** 302 Messanie, SAINT JOSEPH, MO, 64501
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 54
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*