# PPP loan: JETTLINE ELECTRIC, INC.
> **$156K** approved 04/15/2020 · Paid in Full · Loan `2004107203`
## Borrower
- **Name:** JETTLINE ELECTRIC, INC.
- **Address:** 60388 COUNTY ROAD 101, ELKHART, IN, 46517-9729
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $105K
- **Rent:** $4K
- **Utilities:** $600
- **Health care:** $46K
- **Jobs reported:** 10
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*