# PPP loan: BALANCED LOAD ELECTRIC LLC
> **$345K** approved 01/21/2021 · Paid in Full · Loan `3280808307`
## Borrower
- **Name:** BALANCED LOAD ELECTRIC LLC
- **Address:** 115 E Ogden Ave Ste 117-106, Naperville, IL, 60563-3103
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 04/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Jobs reported:** 14
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*