# PPP loan: JULIAN ELECTRIC INC.
> **$2.75M** approved 04/10/2020 · Paid in Full · Loan `2310907107`
## Borrower
- **Name:** JULIAN ELECTRIC INC.
- **Address:** 15706 W. 147th street, HOMER GLEN, IL, 60491-7536
- **NAICS:** 336320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.75M
- **Initial approval:** $2.75M
- **Forgiven:** $2.78M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.06M
- **Mortgage interest:** $688K
- **Jobs reported:** 344
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*