# PPP loan: ACTIVE ELECTRICAL SUPPLY COMPANY
> **$423K** approved 02/16/2021 · Paid in Full · Loan `9240318403`
## Borrower
- **Name:** ACTIVE ELECTRICAL SUPPLY COMPANY
- **Address:** 4240 W Lawrence Ave, Chicago, IL, 60630-2730
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $426K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $423K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*