PPP Loan information for Calumet electronics corporation

$1,972,080

Calumet electronics corporation was initially approved for PPP Loan of amount $1,972,080, the current approved amount is $1,972,080. The loan was approved on 04/10/2020 by The Peoples State Bank of Munising reported 281 jobs and $1,972,080 was used to fund payroll.

Calumet electronics corporation is Existing or more than 2 years old

PPP Loan Search / MI / CALUMET / Calumet electronics corporation

CALUMET ELECTRONICS CORPORATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CALUMET ELECTRONICS CORPORATION

Borrower Address

25830 DEPOT ST

Borrower City

CALUMET

Borrower State

MI

Borrower Zip

49913-1985

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1972080.00

Current Approval Amount

1972080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36161

Servicing Lender Name

Peoples State Bank of Munising

Servicing Lender Address

100 E Superior St

Servicing Lender City

MUNISING

Servicing Lender State

MI

Servicing Lender Zip

49862-1155

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALUMET

Project County Name

HOUGHTON

Project State

MI

Project Zip

49913-1985

CD

MI-01

Jobs Reported

281

NAICS Code

334412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

391937.00

Payroll Proceed

1569769.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7894.00

Debt Interest Proceed

2480

Business Type

Corporation

Originating Lender Location Id

36161

Originating Lender

Peoples State Bank of Munising

Originating Lender City

MUNISING

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1988342.91

Forgiveness Date

02/11/2021

;