PPP Loan information for Redd electrical contracting inc

$218,529

Redd electrical contracting inc was initially approved for PPP Loan of amount $218,529, the current approved amount is $218,529. The loan was approved on 01/22/2021 by The Tri-County Bank reported 12 jobs and $218,529 was used to fund payroll.

Redd electrical contracting inc is Existing or more than 2 years old

PPP Loan Search / MI / Almont / Redd electrical contracting inc

REDD ELECTRICAL CONTRACTING INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REDD ELECTRICAL CONTRACTING INC

Borrower Address

4169 Van Dyke Rd

Borrower City

Almont

Borrower State

MI

Borrower Zip

48003-8542

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218529.23

Current Approval Amount

218529.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Almont

Project County Name

LAPEER

Project State

MI

Project Zip

48003-8542

CD

MI-09

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

218526.23

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

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

219798.50

Forgiveness Date

08/27/2021

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