Date Approved
02/11/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
LIGHTNING BUG ELECTRIC INC.
Borrower Address
110 W Adams St Apt 1E
Borrower City
Suttons Bay
Borrower State
MI
Borrower Zip
49682-5119
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
22442.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
35331
Servicing Lender Name
Honor Bank
Servicing Lender Address
2254 Henry St
Servicing Lender City
HONOR
Servicing Lender State
Servicing Lender Zip
49640-9407
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LEELANAU
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
22440.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
22594.73
Forgiveness Date
10/20/2021