As part of the Paycheck Protection Program CAPITAL 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.

CAPITAL ELECTRIC, INC


Loan Amount	$1,954,281
BusinessName	CAPITAL ELECTRIC, INC
Address	315 S TEKOPPEL AVE
City	EVANSVILLE
State	IN
Zip	47712
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	76
DateApproved	04/28/2020
Lender	German American Bank
CD	IN-08
BusinessName.clean	CAPITAL 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

CAPITAL ENGINEERING CONSULTANTS
CAPITAL EUROCARS
CAPITAL EXCAVATION COMPANY
CAPITAL EXPRESS ADMINISTRATIVE SERVICES
CAPITAL EXPRESS LINES