# PPP loan: ELECTRIC DESIGN & LIGHTING INC
> **$222K** approved 05/01/2020 · Paid in Full · Loan `2420867708`
## Borrower
- **Name:** ELECTRIC DESIGN & LIGHTING INC
- **Address:** 1985 SE 15TH CT, POMPANO BEACH, FL, 33062
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $16K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 180
## 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*