PPP Loan information for Frailing's electric co.

$46,500

Frailing's electric co. was initially approved for PPP Loan of amount $46,500, the current approved amount is $46,500. The loan was approved on 04/28/2020 by The Range Bank reported 4 jobs and $46,500 was used to fund payroll.

Frailing's electric co. is Existing or more than 2 years old

PPP Loan Search / MI / ISHPEMING / Frailing's electric co.

FRAILING'S ELECTRIC CO.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRAILING'S ELECTRIC CO.

Borrower Address

518 D ST

Borrower City

ISHPEMING

Borrower State

MI

Borrower Zip

49849-2409

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46500.00

Current Approval Amount

46500.00

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

1700.00

Payroll Proceed

40800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

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

46873.27

Forgiveness Date

02/25/2021

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