# PPP loan: MARON ELECTRIC COMPANY
> **$6.95M** approved 04/06/2020 · Paid in Full · Loan `6155137000`
## Borrower
- **Name:** MARON ELECTRIC COMPANY
- **Address:** 5401 Fargo Ave, SKOKIE, IL, 60077
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.95M
- **Initial approval:** $6.95M
- **Forgiven:** $7.03M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.21M
- **Rent:** $869K
- **Utilities:** $869K
- **Jobs reported:** 175
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton 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*