# PPP loan: ACTIVE ELECTRIC, INC.
> **$565K** approved 04/09/2020 · Paid in Full · Loan `9744317008`
## Borrower
- **Name:** ACTIVE ELECTRIC, INC.
- **Address:** 1885 SOUTHTOWN BLVD, DAYTON, OH, 45439-1931
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $44K
- **Jobs reported:** 75
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*