Date Approved
04/06/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MID STATE ELECTRIC INC.
Borrower Address
5976 VENTURE WAY
Borrower City
MOUNT PLEASANT
Borrower State
MI
Borrower Zip
48858-4731
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
272200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Mr. Electric
Servicing Lender Location Id
36147
Servicing Lender Name
Isabella Bank
Servicing Lender Address
139 E Broadway
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48858-2312
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-02
Jobs Reported
21
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6000.00
Payroll Proceed
245000.00
Mortgage Interest Proceed
Rent Proceed
21200.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
276033.17
Forgiveness Date
09/10/2021