# PPP loan: CASSADY ELECTRICAL CONTRACTORS INC.
> **$1.70M** approved 04/16/2020 · Paid in Full · Loan `2903057205`
## Borrower
- **Name:** CASSADY ELECTRICAL CONTRACTORS INC.
- **Address:** 5560 W STATE ROAD 46, BLOOMINGTON, IN, 47404-9721
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 59
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*