# PPP loan: COURTESY ELECTRIC INCORPORATED
> **$205K** approved 02/18/2021 · Paid in Full · Loan `1407178503`
## Borrower
- **Name:** COURTESY ELECTRIC INCORPORATED
- **Address:** 6551 N Olmsted Ave, Chicago, IL, 60631-1414
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 11
## 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*