PPP Loan information for Red electric llc

$100,500

Red electric llc was initially approved for PPP Loan of amount $100,500, the current approved amount is $100,500. The loan was approved on 03/04/2021 by The Range Bank reported 6 jobs and $100,500 was used to fund payroll.

Red electric llc is Existing or more than 2 years old

PPP Loan Search / MI / Marquette / Red electric llc

RED ELECTRIC LLC

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RED ELECTRIC LLC

Borrower Address

607 Cedar St

Borrower City

Marquette

Borrower State

MI

Borrower Zip

49855-3701

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100500.00

Current Approval Amount

100500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marquette

Project County Name

MARQUETTE

Project State

MI

Project Zip

49855-3701

CD

MI-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

100496.00

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

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

101188.36

Forgiveness Date

11/16/2021

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