PPP Loan information for Michigan electro freeze inc

$56,250

Michigan electro freeze inc was initially approved for PPP Loan of amount $56,250, the current approved amount is $56,250. The loan was approved on 04/27/2020 by The LCA Bank Corporation reported 5 jobs and $56,250 was used to fund payroll.

Michigan electro freeze inc is Existing or more than 2 years old

MICHIGAN ELECTRO FREEZE INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN ELECTRO FREEZE INC

Borrower Address

32 43rd St SW

Borrower City

Wyoming

Borrower State

MI

Borrower Zip

49548

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56250.00

Current Approval Amount

56250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443364

Servicing Lender Name

LCA Bank Corporation

Servicing Lender Address

1441 W UTE Blvd Ste 250

Servicing Lender City

PARK CITY

Servicing Lender State

UT

Servicing Lender Zip

84098

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wyoming

Project County Name

KENT

Project State

MI

Project Zip

49548-0800

CD

MI-03

Jobs Reported

5

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56250.00

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

Subchapter S Corporation

Originating Lender Location Id

443364

Originating Lender

LCA Bank Corporation

Originating Lender City

PARK CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

56629.69

Forgiveness Date

01/07/2021

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