# PPP loan: POLY ELECTRONICS INC.
> **$505K** approved 02/05/2021 · Paid in Full · Loan `4010168408`
## Borrower
- **Name:** POLY ELECTRONICS INC.
- **Address:** 4400 Wyland Dr, Elkhart, IN, 46516-9520
- **NAICS:** 335314
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $505K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*