# PPP loan: AIRPORT ELECTRIC CO
> **$668K** approved 04/13/2020 · Paid in Full · Loan `5225607110`
## Borrower
- **Name:** AIRPORT ELECTRIC CO
- **Address:** 6342 S. Central Ave, CHICAGO, IL, 60638-5537
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $668K
- **Initial approval:** $668K
- **Forgiven:** $672K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Utilities:** $83K
- **Health care:** $83K
- **Jobs reported:** 42
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*