# PPP loan: GARDEN ELECTRIC INC
> **$283K** approved 05/01/2020 · Paid in Full · Loan `1447757705`
## Borrower
- **Name:** GARDEN ELECTRIC INC
- **Address:** 18636 W POINT DR, TINLEY PARK, IL, 60477
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $3K
- **Utilities:** $5K
- **Health care:** $21K
- **Jobs reported:** 5
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*