ALLIED WHOLESALE ELECTRICAL SUPPLY, INC. (IN) - 2020 PPP Loan Borrower Profile (# 6537827001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED WHOLESALE ELECTRICAL SUPPLY, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

6537827001

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$614,360

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$620,503.6

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

614,360

Lender

The National Bank of Indianapolis

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

Indianapolis, IN

Project Location

Indianapolis, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.