Electromechanical Research Lab
$1,160,600 PPP Loan in New Albany, Indiana
Loan Details
- Loan Number
- 6742467010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,160,600
- Current Approval
- $1,160,600
- Forgiveness Amount
- $1,173,689
- Forgiveness Date
- May 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electromechanical Research Lab
- Address
- 2560 Charlestown Rd
- City
- New Albany
- State
- Indiana
- ZIP Code
- 47150-2557
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 96
- Estimated Revenue
- $11.8M
- Rural/Urban
- Urban
- Congressional District
- IN-09
Loan Use Breakdown
- Payroll
- $1,160,600
Lender Information
- Servicing Lender
- Republic Bank & Trust Company
- Originating Lender
- Republic Bank & Trust Company
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