# PPP loan: ECOLECTRIC COMPANY
> **$193K** approved 04/15/2020 · Paid in Full · Loan `8532637101`
## Borrower
- **Name:** ECOLECTRIC COMPANY
- **Address:** 12450 Southwest 117th Court, MIAMI, FL, 33186-5226
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $215K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 18
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*