# PPP loan: POWER DISTRIBUTING, LLC
> **$2.46M** approved 04/09/2020 · Paid in Full · Loan `9567367010`
## Borrower
- **Name:** POWER DISTRIBUTING, LLC
- **Address:** 185 W. Industrial Drive 0.0, Elmhurst, IL, 60126-1015
- **NAICS:** 424490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.46M
- **Initial approval:** $2.46M
- **Forgiven:** $2.49M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Rent:** $110K
- **Utilities:** $25K
- **Health care:** $312K
- **Debt interest:** $12K
- **Jobs reported:** 176
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*