# PPP loan: WARFIELD ELECTRIC COMPANY, INC.
> **$775K** approved 01/16/2021 · Paid in Full · Loan `1305258306`
## Borrower
- **Name:** WARFIELD ELECTRIC COMPANY, INC.
- **Address:** 175 Industry Ave, Frankfort, IL, 60423-1639
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $775K
- **Initial approval:** $775K
- **Forgiven:** $780K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $775K
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*