# PPP loan: INLAND ELECTRIC LLC
> **$387K** approved 04/15/2020 · Paid in Full · Loan `2271197202`
## Borrower
- **Name:** INLAND ELECTRIC LLC
- **Address:** 1240 n Iroquois ave 204, NAPERVILLE, IL, 60563
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $2K
- **Utilities:** $12K
- **Health care:** $34K
- **Jobs reported:** 32
## 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*