Watts Electric INC

$356,500 PPP Loan in North Vernon, Indiana

Loan Details

Loan Number
4242378302
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$356,500
Current Approval
$356,500
Forgiveness Amount
$358,834
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Watts Electric INC
Address
5100 N State Highway 7
State
Indiana
ZIP Code
47265-7368
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$356,495
Utilities
$1

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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