PPP Loan information for Ludwick electric llc

$77,511

Ludwick electric llc was initially approved for PPP Loan of amount $77,511, the current approved amount is $77,511. The loan was approved on 04/11/2020 by The Sturgis Bank & Trust Company reported 7 jobs and $77,511 was used to fund payroll.

Ludwick electric llc is Existing or more than 2 years old

PPP Loan Search / MI / BRONSON / Ludwick electric llc

LUDWICK ELECTRIC LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LUDWICK ELECTRIC LLC

Borrower Address

835 LANGWELL RD

Borrower City

BRONSON

Borrower State

MI

Borrower Zip

49028-9341

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77511.00

Current Approval Amount

77511.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRONSON

Project County Name

BRANCH

Project State

MI

Project Zip

49028-9341

CD

MI-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

64511.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78090.74

Forgiveness Date

01/25/2021

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