# PPP loan: ELECTRONICS, INC.
> **$412K** approved 04/13/2020 · Paid in Full · Loan `4730617109`
## Borrower
- **Name:** ELECTRONICS, INC.
- **Address:** 56790 MAGNETIC DR, MISHAWAKA, IN, 46545-7493
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $23K
- **Utilities:** $8K
- **Jobs reported:** 28
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*