PPP Loan information for Platz electric co., llc

$53,940

Platz electric co., llc was initially approved for PPP Loan of amount $53,940, the current approved amount is $53,940. The loan was approved on 04/27/2020 by The Independent Bank reported 10 jobs and $53,940 was used to fund payroll.

Platz electric co., llc is Existing or more than 2 years old

PPP Loan Search / MI / NEWAYGO / Platz electric co., llc

PLATZ ELECTRIC CO., LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLATZ ELECTRIC CO., LLC

Borrower Address

7908 SANDRA DR

Borrower City

NEWAYGO

Borrower State

MI

Borrower Zip

49337-9541

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53940.00

Current Approval Amount

53940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWAYGO

Project County Name

NEWAYGO

Project State

MI

Project Zip

49337-9541

CD

MI-02

Jobs Reported

10

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53940.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54466.10

Forgiveness Date

04/22/2021

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