PPP Loan information for Joule electrical contracting llc

$140,192

Joule electrical contracting llc was initially approved for PPP Loan of amount $140,192, the current approved amount is $140,192. The loan was approved on 02/10/2021 by The Fifth Third Bank reported 12 jobs and $140,192 was used to fund payroll.

Joule electrical contracting llc is Existing or more than 2 years old

JOULE ELECTRICAL CONTRACTING LLC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JOULE ELECTRICAL CONTRACTING LLC

Borrower Address

20605 32 Mile Rd

Borrower City

Armada

Borrower State

MI

Borrower Zip

48005-4210

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140192.00

Current Approval Amount

140192.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Armada

Project County Name

MACOMB

Project State

MI

Project Zip

48005-4210

CD

MI-09

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140188.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141484.88

Forgiveness Date

01/18/2022

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