# PPP loan: ANTONIO CERIELLO ELECTRIC INC
> **$275K** approved 05/01/2020 · Paid in Full · Loan `2017667707`
## Borrower
- **Name:** ANTONIO CERIELLO ELECTRIC INC
- **Address:** 15 CARROLL ST, BROOKLYN, NY, 11231
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $9K
- **Utilities:** $3K
- **Health care:** $13K
- **Jobs reported:** 22
## 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*