# PPP loan: ENCO ELECTRONIC SYSTEMS LLC
> **$273K** approved 04/06/2020 · Paid in Full · Loan `6388757010`
## Borrower
- **Name:** ENCO ELECTRONIC SYSTEMS LLC
- **Address:** 165 HOSTDALE DR, DOTHAN, AL, 36303-1039
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $23K
- **Utilities:** $8K
- **Debt interest:** $59K
- **Jobs reported:** 26
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*