# PPP loan: J L E C INC
> **$157K** approved 02/02/2021 · Paid in Full · Loan `1669448403`
## Borrower
- **Name:** J L E C INC
- **Address:** 1480 W Bagley Rd Ste 4, Berea, OH, 44017-2951
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (100%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 10
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*