PPP Loan information for K & j electric inc

$114,800

K & j electric inc was initially approved for PPP Loan of amount $114,800, the current approved amount is $114,800. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 8 jobs and $114,800 was used to fund payroll.

K & j electric inc is Existing or more than 2 years old

K & J ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

K & J ELECTRIC INC

Borrower Address

7219 East Highland Rd

Borrower City

Howell

Borrower State

MI

Borrower Zip

48855

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114800.00

Current Approval Amount

114800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48855-0700

CD

MI-07

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

110200.00

Mortgage Interest Proceed

0.00

Rent Proceed

4100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115768.72

Forgiveness Date

03/08/2021

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