PPP Loan information for Frailings electric co

$46,588

Frailings electric co was initially approved for PPP Loan of amount $46,588, the current approved amount is $46,588. The loan was approved on 01/22/2021 by The Range Bank reported 4 jobs and $46,588 was used to fund payroll.

Frailings electric co is Existing or more than 2 years old

PPP Loan Search / MI / Ishpeming / Frailings electric co

FRAILINGS ELECTRIC CO

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRAILINGS ELECTRIC CO

Borrower Address

518 D St

Borrower City

Ishpeming

Borrower State

MI

Borrower Zip

49849-2409

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46587.50

Current Approval Amount

46587.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ishpeming

Project County Name

MARQUETTE

Project State

MI

Project Zip

49849-2409

CD

MI-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

46582.50

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

Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46979.35

Forgiveness Date

12/01/2021

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