PPP Loan information for Elders electric co.

$420,770

Elders electric co. was initially approved for PPP Loan of amount $420,770, the current approved amount is $420,770. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $420,770 was used to fund payroll.

Elders electric co. is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Elders electric co.

ELDERS ELECTRIC CO.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELDERS ELECTRIC CO.

Borrower Address

4051 Chicago Drive

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420770.00

Current Approval Amount

420770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-0900

CD

MI-02

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3986.00

Payroll Proceed

364460.00

Mortgage Interest Proceed

0.00

Rent Proceed

13780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38544.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425168.45

Forgiveness Date

05/21/2021

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