# PPP loan: TWIN ELECTRIC OF CHICAGO, LTD.
> **$624K** approved 04/15/2020 · Paid in Full · Loan `8714887107`
## Borrower
- **Name:** TWIN ELECTRIC OF CHICAGO, LTD.
- **Address:** 4456 N OPAL AVE, NORRIDGE, IL, 60706-4419
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $624K
- **Jobs reported:** 17
## Lender
- **Originating:** Lakeside Bank
- **Servicing:** Lakeside Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*