PPP Loan information for Center line electric, inc.

$6,841,900

Center line electric, inc. was initially approved for PPP Loan of amount $6,841,900, the current approved amount is $6,841,900. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 303 jobs and $6,841,900 was used to fund payroll.

Center line electric, inc. is Existing or more than 2 years old

CENTER LINE ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTER LINE ELECTRIC, INC.

Borrower Address

26554 Lawrence

Borrower City

Center Line

Borrower State

MI

Borrower Zip

48015

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6841900.00

Current Approval Amount

6841900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Center Line

Project County Name

MACOMB

Project State

MI

Project Zip

48015-0001

CD

MI-10

Jobs Reported

303

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6841900.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6919878.92

Forgiveness Date

06/18/2021

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