PPP Loan information for Coleman electric services inc

$62,932

Coleman electric services inc was initially approved for PPP Loan of amount $62,932, the current approved amount is $62,932. The loan was approved on 01/21/2021 by The Mercantile Bank reported 7 jobs and $62,932 was used to fund payroll.

Coleman electric services inc is Existing or more than 2 years old

PPP Loan Search / MI / Coleman / Coleman electric services inc

COLEMAN ELECTRIC SERVICES INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COLEMAN ELECTRIC SERVICES INC

Borrower Address

5474 N Coleman Rd

Borrower City

Coleman

Borrower State

MI

Borrower Zip

48618-9323

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62932.00

Current Approval Amount

62932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coleman

Project County Name

MIDLAND

Project State

MI

Project Zip

48618-9323

CD

MI-04

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62932.00

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

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63476.84

Forgiveness Date

12/08/2021

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