# PPP loan: SLEETH ELECTRIC INC.
> **$237K** approved 02/03/2021 · Paid in Full · Loan `1978408406`
## Borrower
- **Name:** SLEETH ELECTRIC INC.
- **Address:** 48W605 Hinckley Rd, Big Rock, IL, 60511-9311
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 19
## Lender
- **Originating:** Resource Bank, National Association
- **Servicing:** Resource Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*