# PPP loan: HOMESTEAD ELECTRICAL CONTRACTING LLC
> **$1.14M** approved 01/17/2021 · Paid in Full · Loan `1374528308`
## Borrower
- **Name:** HOMESTEAD ELECTRICAL CONTRACTING LLC
- **Address:** 27839 W Concrete Dr, Ingleside, IL, 60041-9321
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*