# PPP loan: ASSOCIATED ELECTRICAL CONTRACTORS, LLC
> **$2.55M** approved 04/04/2020 · Paid in Full · Loan `4854517007`
## Borrower
- **Name:** ASSOCIATED ELECTRICAL CONTRACTORS, LLC
- **Address:** 319 Lamb Road, WOODSTOCK, IL, 60098-9651
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.55M
- **Initial approval:** $2.55M
- **Forgiven:** $2.60M (102%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.55M
- **Jobs reported:** 86
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*