PPP Loan information for Erickson appliance center inc

$116,100

Erickson appliance center inc was initially approved for PPP Loan of amount $116,100, the current approved amount is $116,100. The loan was approved on 04/03/2020 by The Old Mission Bank reported 21 jobs and $116,100 was used to fund payroll.

Erickson appliance center inc is Existing or more than 2 years old

PPP Loan Search / MI / SAULT SAINTE MARIE / Erickson appliance center inc

ERICKSON APPLIANCE CENTER INC

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ERICKSON APPLIANCE CENTER INC

Borrower Address

3889 I 75 BUSINESS SPUR

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-3615

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116100.00

Current Approval Amount

116100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-3615

CD

MI-01

Jobs Reported

21

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87075.00

Mortgage Interest Proceed

0.00

Rent Proceed

29025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106760.18

Forgiveness Date

11/17/2020

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