PPP Loan information for Blasy electric, inc.

$304,400

Blasy electric, inc. was initially approved for PPP Loan of amount $304,400, the current approved amount is $304,400. The loan was approved on 04/03/2020 by The 1st State Bank reported 24 jobs and $304,400 was used to fund payroll.

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

BLASY ELECTRIC, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BLASY ELECTRIC, INC.

Borrower Address

1012 Jefferson Ave.

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48640-5701

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304400.00

Current Approval Amount

304400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48640-5701

CD

MI-04

Jobs Reported

24

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304400.00

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307198.79

Forgiveness Date

03/11/2021

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