# PPP loan: LEYDEN ELECTRIC INC
> **$750K** approved 04/06/2020 · Paid in Full · Loan `6212417009`
## Borrower
- **Name:** LEYDEN ELECTRIC INC
- **Address:** 5910 West 35TH ST, CICERO, IL, 60804-4162
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $758K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 22
## Lender
- **Originating:** First Secure Community Bank
- **Servicing:** First Secure Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*