PPP Loan information for Adrian electric & generator co

$262,228

Adrian electric & generator co was initially approved for PPP Loan of amount $262,227, the current approved amount is $262,228. The loan was approved on 01/21/2021 by The TLC Community CU reported 13 jobs and $262,228 was used to fund payroll.

Adrian electric & generator co is Existing or more than 2 years old

ADRIAN ELECTRIC & GENERATOR CO

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADRIAN ELECTRIC & GENERATOR CO

Borrower Address

1129 E Beecher St

Borrower City

Adrian

Borrower State

MI

Borrower Zip

49221-4017

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262227.00

Current Approval Amount

262227.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99476

Servicing Lender Name

TLC Community CU

Servicing Lender Address

3030 S Adrian Hwy

Servicing Lender City

ADRIAN

Servicing Lender State

MI

Servicing Lender Zip

49221-9291

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Adrian

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-4017

CD

MI-05

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262227.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99476

Originating Lender

TLC Community CU

Originating Lender City

ADRIAN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264871.33

Forgiveness Date

01/25/2022

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