# PPP loan: ALEO LIGHTING INC.
> **$261K** approved 01/27/2021 · Paid in Full · Loan `6978798301`
## Borrower
- **Name:** ALEO LIGHTING INC.
- **Address:** 10988 Bloomfield Ave, Santa Fe Springs, CA, 90670-3904
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*