# PPP loan: UNITROL ELECTRONICS INC
> **$254K** approved 05/08/2020 · Paid in Full · Loan `3995097403`
## Borrower
- **Name:** UNITROL ELECTRONICS INC
- **Address:** 702 LANDWEHR RD, NORTHBROOK, IL, 60062-2310
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $217K (86%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*