Korte Electric, INC

$1,167,800 PPP Loan in New Haven, Indiana

Loan Details

Loan Number
7484877005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,167,800
Current Approval
$1,167,800
Forgiveness Amount
$1,174,519
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Korte Electric, INC
Address
10920 Stellhorn Rd
State
Indiana
ZIP Code
46774-9000
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$31.3M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$1,167,800

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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