PPP Loan information for Block electric

$326,800

Block electric was initially approved for PPP Loan of amount $326,800, the current approved amount is $326,800. The loan was approved on 04/13/2020 by The Isabella Bank reported 22 jobs and $326,800 was used to fund payroll.

Block electric is Existing or more than 2 years old

PPP Loan Search / MI / WEIDMAN / Block electric

BLOCK ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BLOCK ELECTRIC

Borrower Address

2580 N JOHNSON RD

Borrower City

WEIDMAN

Borrower State

MI

Borrower Zip

48893-8782

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326800.00

Current Approval Amount

326800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEIDMAN

Project County Name

ISABELLA

Project State

MI

Project Zip

48893-8782

CD

MI-02

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

301200.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328698.13

Forgiveness Date

11/19/2020

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