# PPP loan: O'CARROLL ELECTRICAL CONTRACTING INC.
> **$338K** approved 02/03/2021 · Paid in Full · Loan `2371938410`
## Borrower
- **Name:** O'CARROLL ELECTRICAL CONTRACTING INC.
- **Address:** 347 Sola Dr, Gilberts, IL, 60136-9006
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 12
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*