# PPP loan: JECO ELECTRIC INC
> **$151K** approved 02/10/2021 · Paid in Full · Loan `6085308406`
## Borrower
- **Name:** JECO ELECTRIC INC
- **Address:** 90 Raynor Ave Ste A, Ronkonkoma, NY, 11779-6636
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Dime Community 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*