PPP Loan information for Ark's electric inc.

$94,332

Ark's electric inc. was initially approved for PPP Loan of amount $94,332, the current approved amount is $94,332. The loan was approved on 02/27/2021 by The Independent Bank reported 7 jobs and $94,332 was used to fund payroll.

Ark's electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / Pierson / Ark's electric inc.

ARK'S ELECTRIC INC.

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ARK'S ELECTRIC INC.

Borrower Address

20635 W Stanton Rd

Borrower City

Pierson

Borrower State

MI

Borrower Zip

49339-9641

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94332.00

Current Approval Amount

94332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pierson

Project County Name

MONTCALM

Project State

MI

Project Zip

49339-9641

CD

MI-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94332.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94895.41

Forgiveness Date

10/08/2021

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