Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
F&S ELECTRICAL CONTRACTORS, INC.
Borrower Address
710 W MAPLE ST
Borrower City
WAYLAND
Borrower State
MI
Borrower Zip
49348-1275
Loan Status Date
05/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
189115.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGAN
Project State
Project Zip
CD
MI-03
Jobs Reported
15
NAICS Code
238210
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
2881.00
Payroll Proceed
167655.00
Mortgage Interest Proceed
3200.00
Rent Proceed
2750.00
Refinance EIDL Proceed
Health Care Proceed
12629.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
190933.61
Forgiveness Date
03/31/2021