PPP Loan information for Centennial electric

$679,400

Centennial electric was initially approved for PPP Loan of amount $679,400, the current approved amount is $679,400. The loan was approved on 04/28/2020 by The Capitol National Bank reported 36 jobs and $679,400 was used to fund payroll.

Centennial electric is Existing or more than 2 years old

CENTENNIAL ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTENNIAL ELECTRIC

Borrower Address

1594 BELLEVUE

Borrower City

OLIVET

Borrower State

MI

Borrower Zip

49076-9636

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

679400.00

Current Approval Amount

679400.00

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

OLIVET

Project County Name

EATON

Project State

MI

Project Zip

49076-9636

CD

MI-03

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

679400.00

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

683212.19

Forgiveness Date

11/25/2020

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