# PPP loan: LEYDEN ELECTRIC INC.
> **$750K** approved 02/05/2021 · Paid in Full · Loan `3449948408`
## Borrower
- **Name:** LEYDEN ELECTRIC INC.
- **Address:** 604 E North St Ste A, Elburn, IL, 60119-7025
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $758K (101%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 28
## Lender
- **Originating:** First Secure Community Bank
- **Servicing:** First Secure Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*