PPP Loan information for Foster electric inc.

$41,019

Foster electric inc. was initially approved for PPP Loan of amount $41,019, the current approved amount is $41,019. The loan was approved on 02/19/2021 by The West Shore Bank reported 4 jobs and $41,019 was used to fund payroll.

Foster electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / Muskegon / Foster electric inc.

FOSTER ELECTRIC INC.

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FOSTER ELECTRIC INC.

Borrower Address

332 W Delano Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49444-1003

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41019.00

Current Approval Amount

41019.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36467

Servicing Lender Name

West Shore Bank

Servicing Lender Address

201 W Loomis St

Servicing Lender City

LUDINGTON

Servicing Lender State

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-1003

CD

MI-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41013.00

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

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41209.28

Forgiveness Date

08/16/2021

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