PPP Loan information for Old's electric llc

$52,300

Old's electric llc was initially approved for PPP Loan of amount $52,300, the current approved amount is $52,300. The loan was approved on 01/28/2021 by The Eastern Michigan Bank reported 6 jobs and $52,300 was used to fund payroll.

Old's electric llc is Existing or more than 2 years old

OLD'S ELECTRIC LLC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OLD'S ELECTRIC LLC

Borrower Address

5435 Fabbri Ln

Borrower City

Lexington

Borrower State

MI

Borrower Zip

48450-8326

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52300.00

Current Approval Amount

52300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

SANILAC

Project State

MI

Project Zip

48450-8326

CD

MI-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52666.82

Forgiveness Date

10/25/2021

;