# PPP loan: TOLE ELECTRIC INCORPORATED
> **$193K** approved 05/01/2020 · Paid in Full · Loan `1497647705`
## Borrower
- **Name:** TOLE ELECTRIC INCORPORATED
- **Address:** 320 NE 44TH ST, OAKLAND PARK, FL, 33334
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Health care:** $14K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*