# PPP loan: LAS VEGAS ELECTRIC, INC.
> **$1.09M** approved 05/01/2020 · Paid in Full · Loan `1976357709`
## Borrower
- **Name:** LAS VEGAS ELECTRIC, INC.
- **Address:** 3305 MEADE AVE, Las Vegas, NV, 89102
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $998K
- **Health care:** $90K
- **Jobs reported:** 65
## 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*