Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
L A ELECTRIC, INC.
Borrower Address
17251 Weber Road
Borrower City
Holly
Borrower State
MI
Borrower Zip
48442
Loan Status Date
02/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
20800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98740
Servicing Lender Name
Genisys CU
Servicing Lender Address
2100 Executive Hills Blvd
Servicing Lender City
AUBURN HILLS
Servicing Lender State
Servicing Lender Zip
48326-2947
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
48442-0001
CD
MI-08
Jobs Reported
1
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20951.58
Forgiveness Date
01/25/2021