Majestic Electric Company, Inc.

$177,705 PPP Loan in North Vernon, Indiana

Loan Details

Loan Number
6325637208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$177,705
Current Approval
$177,705
Forgiveness Amount
$178,620
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Majestic Electric Company, Inc.
Address
4650 N State Highway 3
State
Indiana
ZIP Code
47265-7296
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$177,705

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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