PPP Loan information for Bursma electronic distributing, inc.

$119,032

Bursma electronic distributing, inc. was initially approved for PPP Loan of amount $119,032, the current approved amount is $119,032. The loan was approved on 01/16/2021 by The First Community Bank reported 14 jobs and $119,032 was used to fund payroll.

Bursma electronic distributing, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Wyoming / Bursma electronic distributing, inc.

BURSMA ELECTRONIC DISTRIBUTING, INC.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BURSMA ELECTRONIC DISTRIBUTING, INC.

Borrower Address

4727 Clyde Park Ave SW Ste 1

Borrower City

Wyoming

Borrower State

MI

Borrower Zip

49509-5162

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119032.00

Current Approval Amount

119032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35298

Servicing Lender Name

First Community Bank

Servicing Lender Address

200 E Main St

Servicing Lender City

HARBOR SPRINGS

Servicing Lender State

MI

Servicing Lender Zip

49740-1512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wyoming

Project County Name

KENT

Project State

MI

Project Zip

49509-5162

CD

MI-03

Jobs Reported

14

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119030.00

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

Subchapter S Corporation

Originating Lender Location Id

35298

Originating Lender

First Community Bank

Originating Lender City

HARBOR SPRINGS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119600.71

Forgiveness Date

07/14/2021

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