# PPP loan: MIDLAND ELECTRIC COMPANY INC.
> **$301K** approved 03/12/2021 · Paid in Full · Loan `9630428505`
## Borrower
- **Name:** MIDLAND ELECTRIC COMPANY INC.
- **Address:** 8003 Vine Crest Ave Ste 6, Louisville, KY, 40222-4695
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $301K
- **Jobs reported:** 27
## Lender
- **Originating:** Republic Bank & Trust Company
- **Servicing:** Republic Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*