# PPP loan: ELECTRICAL OPTIONS LLC
> **$412K** approved 04/10/2020 · Paid in Full · Loan `1246017100`
## Borrower
- **Name:** ELECTRICAL OPTIONS LLC
- **Address:** 100 OAKWOOD RD SUITE G, LAKE ZURICH, IL, 60047-1517
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $415K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Rent:** $103K
- **Jobs reported:** 25
## Lender
- **Originating:** Home State Bank, National Association
- **Servicing:** Home State Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*