Electric Motor Services

$726,850 PPP Loan in Hammond, Indiana

Loan Details

Loan Number
2747517100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$726,850
Current Approval
$726,850
Forgiveness Amount
$736,824
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electric Motor Services
Address
6350 Indianapolis Blvd
State
Indiana
ZIP Code
46320
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$30.6M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$547,443
Health Care
$179,407

Lender Information

Servicing Lender
Providence Bank & Trust
Originating Lender
Providence Bank & Trust

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