# PPP loan: HOOSIER INDUSTRIAL ELECTRIC INC
> **$225K** approved 02/17/2021 · Paid in Full · Loan `9632458409`
## Borrower
- **Name:** HOOSIER INDUSTRIAL ELECTRIC INC
- **Address:** 1003 Rodgers Park Dr, North Vernon, IN, 47265-6428
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Jackson County Bank
- **Servicing:** Jackson County Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*