PPP Loan information for New buffalo electric co.

$37,625

New buffalo electric co. was initially approved for PPP Loan of amount $37,625, the current approved amount is $37,625. The loan was approved on 04/13/2020 by The Horizon Bank reported 7 jobs and $37,625 was used to fund payroll.

New buffalo electric co. is Existing or more than 2 years old

NEW BUFFALO ELECTRIC CO.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW BUFFALO ELECTRIC CO.

Borrower Address

400 S Whitaker St

Borrower City

NEW BUFFALO

Borrower State

MI

Borrower Zip

49117

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37625.00

Current Approval Amount

37625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BUFFALO

Project County Name

BERRIEN

Project State

MI

Project Zip

49117-0001

CD

MI-06

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

273.00

Payroll Proceed

30100.00

Mortgage Interest Proceed

7252.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37929.09

Forgiveness Date

02/25/2021

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