PPP Loan information for Coon electric inc

$19,687

Coon electric inc was initially approved for PPP Loan of amount $19,687, the current approved amount is $19,687. The loan was approved on 04/07/2021 by The Superior National Bank reported 3 jobs and $19,687 was used to fund payroll.

Coon electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Hancock / Coon electric inc

COON ELECTRIC INC

Date Approved

04/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COON ELECTRIC INC

Borrower Address

18331 Bear Lake Rd

Borrower City

Hancock

Borrower State

MI

Borrower Zip

49930-9430

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19687.00

Current Approval Amount

19687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hancock

Project County Name

HOUGHTON

Project State

MI

Project Zip

49930-9430

CD

MI-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19685.00

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

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19749.03

Forgiveness Date

08/03/2021

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