# PPP loan: SPECIAL ELECTRONICS INC
> **$506K** approved 03/15/2021 · Paid in Full · Loan `2442348604`
## Borrower
- **Name:** SPECIAL ELECTRONICS INC
- **Address:** 363 Tv Tower Rd, Mitchell, IN, 47446-5407
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $508K (100%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Hoosier Hills CU
- **Servicing:** Hoosier Hills CU (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*