PPP Loan information for Ashcott electrical inc.

$344,149

Ashcott electrical inc. was initially approved for PPP Loan of amount $344,149, the current approved amount is $344,149. The loan was approved on 04/09/2020 by The Chelsea State Bank reported 16 jobs and $344,149 was used to fund payroll.

Ashcott electrical inc. is Existing or more than 2 years old

PPP Loan Search / MI / WHITMORE LAKE / Ashcott electrical inc.

ASHCOTT ELECTRICAL INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASHCOTT ELECTRICAL INC.

Borrower Address

11800 WHITMORE LAKE RD

Borrower City

WHITMORE LAKE

Borrower State

MI

Borrower Zip

48189-9380

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344149.00

Current Approval Amount

344149.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITMORE LAKE

Project County Name

WASHTENAW

Project State

MI

Project Zip

48189-9380

CD

MI-07

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86037.25

Payroll Proceed

258111.75

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

336364.45

Forgiveness Date

12/15/2020

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