Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MICHAEL C TAYLOR ELECTRIC
Borrower Address
6200 CONWAY RD
Borrower City
CHELSEA
Borrower State
MI
Borrower Zip
48118-9471
Loan Status Date
05/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
56887.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33691
Servicing Lender Name
Chelsea State Bank
Servicing Lender Address
1010 S Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48118-1435
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHTENAW
Project State
Project Zip
CD
MI-06
Jobs Reported
6
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
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
57333.25
Forgiveness Date
02/11/2021