# PPP loan: HORNER ELECTRIC, INC.
> **$3.13M** approved 04/13/2020 · Paid in Full · Loan `4851747109`
## Borrower
- **Name:** HORNER ELECTRIC, INC.
- **Address:** 1521 E WASHINGTON ST, INDIANAPOLIS, IN, 46201-3848
- **NAICS:** 335314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.13M
- **Initial approval:** $3.13M
- **Forgiven:** $3.16M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.13M
- **Jobs reported:** 255
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*