PPP Loan information for Renton electric co

$287,321

Renton electric co was initially approved for PPP Loan of amount $287,321, the current approved amount is $287,321. The loan was approved on 03/25/2021 by The Independent Bank reported 7 jobs and $287,321 was used to fund payroll.

Renton electric co is Existing or more than 2 years old

PPP Loan Search / MI / Royal Oak / Renton electric co

RENTON ELECTRIC CO

Date Approved

03/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RENTON ELECTRIC CO

Borrower Address

4614 Fernlee Ave

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48073-1725

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287321.00

Current Approval Amount

287321.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48073-1725

CD

MI-11

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

287315.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290044.65

Forgiveness Date

03/14/2022

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