# PPP loan: LONG ELECTRIC COMPANY, INC.
> **$2.60M** approved 04/08/2020 · Paid in Full · Loan `7732967008`
## Borrower
- **Name:** LONG ELECTRIC COMPANY, INC.
- **Address:** 6902 Hawthorn Park Drive, Indianapolis, IN, 46220-3911
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $2.63M (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 150
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*