# PPP loan: ACTION ELECTRIC SALES CO., INC
> **$826K** approved 04/10/2020 · Paid in Full · Loan `2498387107`
## Borrower
- **Name:** ACTION ELECTRIC SALES CO., INC
- **Address:** 3900 N Rockwell Street, CHICAGO, IL, 60618-3719
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $826K
- **Initial approval:** $826K
- **Forgiven:** $820K (99%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $826K
- **Jobs reported:** 62
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*