# PPP loan: ELECTRIC ONE INC.
> **$262K** approved 03/23/2021 · Paid in Full · Loan `7470318606`
## Borrower
- **Name:** ELECTRIC ONE INC.
- **Address:** 13940 Kildare Ave, Crestwood, IL, 60418-2357
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** CNB Bank and Trust, National Association
- **Servicing:** CNB Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*