# PPP loan: JFL ELECTRIC, INC.
> **$308K** approved 04/27/2020 · Paid in Full · Loan `3736567201`
## Borrower
- **Name:** JFL ELECTRIC, INC.
- **Address:** 8257 Compton Ave, Los Angeles, CA, 90001-3915
- **NAICS:** 111120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $407K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 22
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*