PPP Loan information for Allied electric, inc.

$2,074,458

Allied electric, inc. was initially approved for PPP Loan of amount $2,074,458, the current approved amount is $2,074,458. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 145 jobs and $2,074,458 was used to fund payroll.

Allied electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Allied electric, inc.

ALLIED ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALLIED ELECTRIC, INC.

Borrower Address

2503 Waldorf Court NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-1472

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2074457.95

Current Approval Amount

2074457.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49544-1472

CD

MI-03

Jobs Reported

145

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2074457.95

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2098726.27

Forgiveness Date

06/23/2021

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