# PPP loan: WALKER ELECTRIC INC.
> **$183K** approved 03/27/2021 · Paid in Full · Loan `1800608704`
## Borrower
- **Name:** WALKER ELECTRIC INC.
- **Address:** 726 Stanley Ave, Andalusia, AL, 36420-4926
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Southern Independent Bank
- **Servicing:** Southern Independent Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*