# PPP loan: BEI ELECTRONICS LLC
> **$688K** approved 04/08/2020 · Paid in Full · Loan `7987627002`
## Borrower
- **Name:** BEI ELECTRONICS LLC
- **Address:** 4100 N. 24TH ST, QUINCY, IL, 62305-7749
- **NAICS:** 334220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $692K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $688K
- **Jobs reported:** 39
## Lender
- **Originating:** Bank of Springfield
- **Servicing:** Bank of Springfield (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*