PPP Loan information for Gunnels electric inc.

$31,940

Gunnels electric inc. was initially approved for PPP Loan of amount $31,940, the current approved amount is $31,940. The loan was approved on 04/10/2020 by The Frankenmuth CU reported 3 jobs and $31,940 was used to fund payroll.

Gunnels electric inc. is Existing or more than 2 years old

GUNNELS ELECTRIC INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GUNNELS ELECTRIC INC.

Borrower Address

13626 TUSCOLA RD

Borrower City

CLIO

Borrower State

MI

Borrower Zip

48420-8816

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31940.00

Current Approval Amount

31940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIO

Project County Name

GENESEE

Project State

MI

Project Zip

48420-8816

CD

MI-08

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31940.00

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

Subchapter S Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32297.90

Forgiveness Date

06/04/2021

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