PPP Loan information for D&b electric co

$74,085

D&b electric co was initially approved for PPP Loan of amount $74,085, the current approved amount is $74,085. The loan was approved on 01/25/2021 by The Loan Source Incorporated reported 7 jobs and $74,085 was used to fund payroll.

D&b electric co is Existing or more than 2 years old

D&B ELECTRIC CO

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

D&B ELECTRIC CO

Borrower Address

33125 Louise Ave

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48035-3988

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74085.00

Current Approval Amount

74085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3988

CD

MI-10

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74080.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74661.44

Forgiveness Date

11/16/2021

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