PPP Loan information for Daniel electric company inc

$422,722

Daniel electric company inc was initially approved for PPP Loan of amount $422,722, the current approved amount is $422,722. The loan was approved on 04/09/2020 by The Oxford Bank reported 28 jobs and $422,722 was used to fund payroll.

Daniel electric company inc is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER HILLS / Daniel electric company inc

DANIEL ELECTRIC COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DANIEL ELECTRIC COMPANY INC

Borrower Address

1749 SKYLINE DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48306-3251

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422722.00

Current Approval Amount

422722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48306-3251

CD

MI-10

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422722.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425023.49

Forgiveness Date

11/03/2020

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