PPP Loan information for Jc electic llc

$198,520

Jc electic llc was initially approved for PPP Loan of amount $198,520, the current approved amount is $198,520. The loan was approved on 02/12/2021 by The Mercantile Bank reported 22 jobs and $198,520 was used to fund payroll.

Jc electic llc is Existing or more than 2 years old

PPP Loan Search / MI / Saint Johns / Jc electic llc

JC ELECTIC LLC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JC ELECTIC LLC

Borrower Address

106 E Walker St

Borrower City

Saint Johns

Borrower State

MI

Borrower Zip

48879-1538

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198520.00

Current Approval Amount

198520.00

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

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Johns

Project County Name

CLINTON

Project State

MI

Project Zip

48879-1538

CD

MI-04

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

198514.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199542.51

Forgiveness Date

08/24/2021

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