PPP Loan information for Premium electric company inc

$181,280

Premium electric company inc was initially approved for PPP Loan of amount $181,280, the current approved amount is $181,280. The loan was approved on 02/17/2021 by The Loan Source Incorporated reported 15 jobs and $181,280 was used to fund payroll.

Premium electric company inc is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Premium electric company inc

PREMIUM ELECTRIC COMPANY INC

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PREMIUM ELECTRIC COMPANY INC

Borrower Address

2550 Hilton Rd

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1544

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181280.00

Current Approval Amount

181280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1544

CD

MI-11

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

181275.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183082.87

Forgiveness Date

02/25/2022

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