As part of the Paycheck Protection Program KORTE ELECTRIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

KORTE ELECTRIC, INC


Loan Amount	$1,167,800
BusinessName	KORTE ELECTRIC, INC
Address	10920 STELLHORN RD
City	NEW HAVEN
State	IN
Zip	46774
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/07/2020
Lender	First Merchants Bank
CD	IN-03
BusinessName.clean	KORTE ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

AMERICAN STRUCTURAL METALS
KORTMAN
AMERICAN STRUCTUREPOINT
KORUM AUTOMOTIVE GROUP
AMERICAN STUDENT TRANSPORTATION OF MOUNDSVIEW