PPP Loan information for Glen lake electric, inc.

$83,500

Glen lake electric, inc. was initially approved for PPP Loan of amount $83,500, the current approved amount is $83,500. The loan was approved on 05/15/2020 by The State Savings Bank reported 10 jobs and $83,500 was used to fund payroll.

Glen lake electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HONOR / Glen lake electric, inc.

GLEN LAKE ELECTRIC, INC.

Date Approved

05/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GLEN LAKE ELECTRIC, INC.

Borrower Address

2191 VALLEY RD

Borrower City

HONOR

Borrower State

MI

Borrower Zip

49640-9436

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83500.00

Current Approval Amount

83500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HONOR

Project County Name

BENZIE

Project State

MI

Project Zip

49640-9436

CD

MI-01

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2820.00

Payroll Proceed

77680.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84124.53

Forgiveness Date

02/17/2021

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