# PPP loan: SOLID STATE ELECTRIC, LLC
> **$1.56M** approved 04/15/2020 · Paid in Full · Loan `1851017207`
## Borrower
- **Name:** SOLID STATE ELECTRIC, LLC
- **Address:** 7787 EASTGATE RD STE 100, HENDERSON, NV, 89011
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Health care:** $63K
- **Jobs reported:** 101
## 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*