PPP Loan information for E&b electric inc

$153,530

E&b electric inc was initially approved for PPP Loan of amount $153,530, the current approved amount is $153,530. The loan was approved on 02/03/2021 by The The Shelby State Bank reported 14 jobs and $153,530 was used to fund payroll.

E&b electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Ludington / E&b electric inc

E&B ELECTRIC INC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

E&B ELECTRIC INC

Borrower Address

815 1st St

Borrower City

Ludington

Borrower State

MI

Borrower Zip

49431-2465

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153530.00

Current Approval Amount

153530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ludington

Project County Name

MASON

Project State

MI

Project Zip

49431-2465

CD

MI-02

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153528.00

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

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154266.10

Forgiveness Date

08/03/2021

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