# PPP loan: TRI-ELECTRONICS INC.
> **$1.21M** approved 02/06/2021 · Paid in Full · Loan `4368138404`
## Borrower
- **Name:** TRI-ELECTRONICS INC.
- **Address:** 6231 Calumet Ave, Hammond, IN, 46324-1102
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*