PPP Loan information for Great lakes energy cooperative, inc

$6,412,600

Great lakes energy cooperative, inc was initially approved for PPP Loan of amount $6,412,600, the current approved amount is $6,412,600. The loan was approved on 04/28/2020 by The Fifth Third Bank reported 268 jobs and $6,412,600 was used to fund payroll.

Great lakes energy cooperative, inc is Existing or more than 2 years old

PPP Loan Search / MI / BOYNE CITY / Great lakes energy cooperative, inc

GREAT LAKES ENERGY COOPERATIVE, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES ENERGY COOPERATIVE, INC

Borrower Address

1323 BOYNE AVE

Borrower City

BOYNE CITY

Borrower State

MI

Borrower Zip

49712-8940

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6412600.00

Current Approval Amount

6412600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNE CITY

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49712-8940

CD

MI-01

Jobs Reported

268

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6412600.00

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

Cooperative

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6184655.20

Forgiveness Date

01/28/2022

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