# PPP loan: RD ELECTRICAL SERVICES INC.
> **$260K** approved 01/31/2021 · Paid in Full · Loan `9875278310`
## Borrower
- **Name:** RD ELECTRICAL SERVICES INC.
- **Address:** 3208 Mike Padgett Hwy Ste A, Augusta, GA, 30906-3762
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*