# PPP loan: ABCO ELECTRICAL CONSTRUCTION & DESIGN, LLC
> **$4.32M** approved 04/11/2020 · Paid in Full · Loan `3099287109`
## Borrower
- **Name:** ABCO ELECTRICAL CONSTRUCTION & DESIGN, LLC
- **Address:** 817 S. KILDARE AVE, CHICAGO, IL, 60624-3536
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.32M
- **Initial approval:** $4.32M
- **Forgiven:** $4.37M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.26M
- **Rent:** $29K
- **Utilities:** $28K
- **Jobs reported:** 106
## Lender
- **Originating:** Providence Bank and Trust
- **Servicing:** Providence Bank & Trust (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*