# PPP loan: WEST ELECTRIC INC
> **$339K** approved 04/21/2021 · Paid in Full · Loan `7253198807`
## Borrower
- **Name:** WEST ELECTRIC INC
- **Address:** 1320 E 60th St, Anderson, IN, 46013-3006
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $339K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*