PPP Loan information for Niemi electric inc.

$37,622

Niemi electric inc. was initially approved for PPP Loan of amount $37,622, the current approved amount is $37,622. The loan was approved on 02/01/2021 by The First Bank, Upper Michigan reported 6 jobs and $37,622 was used to fund payroll.

Niemi electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ishpeming / Niemi electric inc.

NIEMI ELECTRIC INC.

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NIEMI ELECTRIC INC.

Borrower Address

301 N Main St

Borrower City

Ishpeming

Borrower State

MI

Borrower Zip

49849-1953

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37622.00

Current Approval Amount

37622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ishpeming

Project County Name

MARQUETTE

Project State

MI

Project Zip

49849-1953

CD

MI-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37616.00

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38038.42

Forgiveness Date

03/15/2022

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