PPP Loan information for Michigan electric supply co

$133,000

Michigan electric supply co was initially approved for PPP Loan of amount $133,000, the current approved amount is $133,000. The loan was approved on 04/30/2020 by The Comerica Bank reported 13 jobs and $133,000 was used to fund payroll.

Michigan electric supply co is Existing or more than 2 years old

MICHIGAN ELECTRIC SUPPLY CO

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN ELECTRIC SUPPLY CO

Borrower Address

4060 Somers Drive

Borrower City

Burton

Borrower State

MI

Borrower Zip

48529

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133000.00

Current Approval Amount

133000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burton

Project County Name

GENESEE

Project State

MI

Project Zip

48529-0899

CD

MI-08

Jobs Reported

13

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134703.14

Forgiveness Date

08/12/2021

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