PPP Loan information for Motor shop electrical construction co.

$1,460,200

Motor shop electrical construction co. was initially approved for PPP Loan of amount $1,460,200, the current approved amount is $1,460,200. The loan was approved on 04/09/2020 by The Old National Bank reported 58 jobs and $1,460,200 was used to fund payroll.

Motor shop electrical construction co. is Existing or more than 2 years old

PPP Loan Search / MI / BATTLE CREEK / Motor shop electrical construction co.

MOTOR SHOP ELECTRICAL CONSTRUCTION CO.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR SHOP ELECTRICAL CONSTRUCTION CO.

Borrower Address

40 BARTLETT ST

Borrower City

BATTLE CREEK

Borrower State

MI

Borrower Zip

49014-4108

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1460200.00

Current Approval Amount

1460200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATTLE CREEK

Project County Name

CALHOUN

Project State

MI

Project Zip

49014-4108

CD

MI-03

Jobs Reported

58

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1460200.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1476162.19

Forgiveness Date

05/21/2021

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