Network Electric, INC

$76,392 PPP Loan in Franklin, Indiana

Loan Details

Loan Number
6211477406
Date Approved
May 14, 2020
Loan Status
Paid in Full
Initial Approval
$76,392
Current Approval
$76,392
Forgiveness Amount
$77,194
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Network Electric, INC
Address
3260 Graham Road
State
Indiana
ZIP Code
46131
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IN-06

Loan Use Breakdown

Payroll
$61,114
Mortgage Interest
$7,639
Refinance EIDL
$7,639

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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