PPP Loan information for Dotson electric, inc.

$63,180

Dotson electric, inc. was initially approved for PPP Loan of amount $63,180, the current approved amount is $63,180. The loan was approved on 04/11/2020 by The First Merchants Bank reported 6 jobs and $63,180 was used to fund payroll.

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

DOTSON ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOTSON ELECTRIC, INC.

Borrower Address

13305 ARMSTRONG RD

Borrower City

SOUTH ROCKWOOD

Borrower State

MI

Borrower Zip

48179-9317

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63180.00

Current Approval Amount

63180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH ROCKWOOD

Project County Name

MONROE

Project State

MI

Project Zip

48179-9317

CD

MI-05

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63180.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63797.95

Forgiveness Date

04/12/2021

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