# PPP loan: LEOS ELECTRIC CORP
> **$205K** approved 03/04/2021 · Paid in Full · Loan `6904518502`
## Borrower
- **Name:** LEOS ELECTRIC CORP
- **Address:** 1414 N Sea Rd, Southampton, NY, 11968-2045
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 18
## 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*