PPP Loan information for Powercomm electric, llc

$194,000

Powercomm electric, llc was initially approved for PPP Loan of amount $194,000, the current approved amount is $194,000. The loan was approved on 04/07/2020 by The Frankenmuth CU reported 17 jobs and $194,000 was used to fund payroll.

Powercomm electric, llc is New Business or 2 years or less

PPP Loan Search / MI / ESSEXVILLE / Powercomm electric, llc

POWERCOMM ELECTRIC, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWERCOMM ELECTRIC, LLC

Borrower Address

1400 WOODSIDE AVE

Borrower City

ESSEXVILLE

Borrower State

MI

Borrower Zip

48732-1244

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194000.00

Current Approval Amount

194000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ESSEXVILLE

Project County Name

BAY

Project State

MI

Project Zip

48732-1244

CD

MI-05

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

155000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185265.32

Forgiveness Date

12/23/2020

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