Continental Electric Company INC

$1,500,000 PPP Loan in Gary, Indiana

Loan Details

Loan Number
8859208306
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$1,500,000
Forgiveness Amount
$1,511,000
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Continental Electric Company INC
Address
Karen@continentalelectric.com
City
Gary
State
Indiana
ZIP Code
46403
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$1,499,999
Utilities
$1

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

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