Shaum Electric Co., Inc.

$418,700 PPP Loan in Elkhart, Indiana

Loan Details

Loan Number
1569287203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$418,700
Current Approval
$418,700
Forgiveness Amount
$423,805
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaum Electric Co., Inc.
Address
1125 Nappanee St
State
Indiana
ZIP Code
46514-1735
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$401,994
Rent
$8,000
Utilities
$8,706

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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