PPP Loan information for Elite electrical services

$55,230

Elite electrical services was initially approved for PPP Loan of amount $55,230, the current approved amount is $55,230. The loan was approved on 01/26/2021 by The West Michigan Community Bank reported 7 jobs and $55,230 was used to fund payroll.

Elite electrical services is Existing or more than 2 years old

ELITE ELECTRICAL SERVICES

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELITE ELECTRICAL SERVICES

Borrower Address

1392 40th Ave

Borrower City

Hudsonville

Borrower State

MI

Borrower Zip

49426-9612

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55230.00

Current Approval Amount

55230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudsonville

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-9612

CD

MI-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55230.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55648.83

Forgiveness Date

11/03/2021

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