# PPP loan: MINILEC SERVICE LLC
> **$278K** approved 04/14/2020 · Paid in Full · Loan `7846747108`
## Borrower
- **Name:** MINILEC SERVICE LLC
- **Address:** 9207 DEERING AVE, CHATSWORTH, CA, 91311-6959
- **NAICS:** 811219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $20K
- **Utilities:** $2K
- **Health care:** $23K
- **Jobs reported:** 38
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*