Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
PREMIER ELECTRIC LEWISTON INC
Borrower Address
5386 BIG WOLF LN
Borrower City
LEWISTON
Borrower State
MI
Borrower Zip
49756-9097
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23097.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONTMORENCY
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4619.00
Payroll Proceed
18478.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
19222.57
Forgiveness Date
12/17/2020