# PPP loan: VADER ELECTRIC CHICAGO LLC
> **$1.63M** approved 02/24/2021 · Paid in Full · Loan `3945548503`
## Borrower
- **Name:** VADER ELECTRIC CHICAGO LLC
- **Address:** 145 Eastern Ave, Bellwood, IL, 60104-1291
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.63M
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*