# PPP loan: AAACTION ELECTRIC LEE INC.
> **$240K** approved 02/10/2021 · Paid in Full · Loan `6159028409`
## Borrower
- **Name:** AAACTION ELECTRIC LEE INC.
- **Address:** 2472 Fowler St, Fort Myers, FL, 33901-5128
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 25
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*