# PPP loan: AABEL ELECTRIC INC
> **$161K** approved 04/28/2020 · Paid in Full · Loan `7487427201`
## Borrower
- **Name:** AABEL ELECTRIC INC
- **Address:** 440 CONGRESS PARK DR, DAYTON, OH, 45459-4125
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $5K
- **Utilities:** $2K
- **Health care:** $12K
- **Jobs reported:** 13
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*