Watts Electric, Inc.

$356,500 PPP Loan in North Vernon, Indiana

Loan Details

Loan Number
5210287009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$356,500
Current Approval
$356,500
Forgiveness Amount
$358,539
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watts Electric, Inc.
Address
5100a 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
26
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$356,500

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

Other PPP Loans in North Vernon, IN

BusinessApproved
Dave O'mara Contractor, Inc.$3,396,900NewBizBotResearch
Harmon Steel, Inc.$3,370,930NewBizBotResearch
Decatur Plastic Prodcuts, Inc.$2,477,840NewBizBotResearch
Decatur Plastic Products Inc.$2,000,000NewBizBotResearch
Decatur Mold Tool & Engineering INC$1,951,200NewBizBotResearch

Want to research this company further?

Try NewBizBot free