PPP Loan information for Electrical systems inc

$88,900

Electrical systems inc was initially approved for PPP Loan of amount $88,900, the current approved amount is $88,900. The loan was approved on 01/23/2021 by The Citizens Bank, National Association reported 6 jobs and $88,900 was used to fund payroll.

Electrical systems inc is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Electrical systems inc

ELECTRICAL SYSTEMS INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELECTRICAL SYSTEMS INC

Borrower Address

50413 Central Industrial Dr

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-3114

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88900.00

Current Approval Amount

88900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3114

CD

MI-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88896.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89362.77

Forgiveness Date

08/18/2021

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