PPP Loan information for Maurer electric inc

$250,000

Maurer electric inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 02/08/2021 by The Eastern Michigan Bank reported 34 jobs and $250,000 was used to fund payroll.

Maurer electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Bad Axe / Maurer electric inc

MAURER ELECTRIC INC

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAURER ELECTRIC INC

Borrower Address

28 Westland Dr

Borrower City

Bad Axe

Borrower State

MI

Borrower Zip

48413-7741

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bad Axe

Project County Name

HURON

Project State

MI

Project Zip

48413-7741

CD

MI-09

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251554.79

Forgiveness Date

09/28/2021

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