# PPP loan: LOCAL ECLECTIC, INC.
> **$183K** approved 05/01/2020 · Paid in Full · Loan `2950797708`
## Borrower
- **Name:** LOCAL ECLECTIC, INC.
- **Address:** 2022 W RACE, CHICAGO, IL, 60612
- **NAICS:** 454113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Jobs reported:** 15
## 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*