# PPP loan: EL-COM SYSTEMS CORP.
> **$206K** approved 04/15/2020 · Paid in Full · Loan `9818437100`
## Borrower
- **Name:** EL-COM SYSTEMS CORP.
- **Address:** 120 CARR 156 KM 56.5, Calle C, R & D Valle Tolima Ind Park #2, CAGUAS, PR, 00727-4807
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 40
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*