PPP Loan information for Centennial electric

$1,031,400

Centennial electric was initially approved for PPP Loan of amount $1,031,400, the current approved amount is $1,031,400. The loan was approved on 01/16/2021 by The Capitol National Bank reported 43 jobs and $1,031,400 was used to fund payroll.

Centennial electric is Existing or more than 2 years old

CENTENNIAL ELECTRIC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CENTENNIAL ELECTRIC

Borrower Address

2206 Lansing Rd

Borrower City

Charlotte

Borrower State

MI

Borrower Zip

48813

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1031400.00

Current Approval Amount

1031400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

EATON

Project State

MI

Project Zip

48813

CD

MI-03

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1031400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1038161.40

Forgiveness Date

09/15/2021

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