PPP Loan information for Rick's electric inc.

$40,601

Rick's electric inc. was initially approved for PPP Loan of amount $40,601, the current approved amount is $40,601. The loan was approved on 05/04/2020 by The ChoiceOne Bank reported 2 jobs and $40,601 was used to fund payroll.

Rick's electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / OXFORD / Rick's electric inc.

RICK'S ELECTRIC INC.

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RICK'S ELECTRIC INC.

Borrower Address

578 PO BOX 578

Borrower City

OXFORD

Borrower State

MI

Borrower Zip

48371-0578

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40601.00

Current Approval Amount

40601.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48371-0578

CD

MI-09

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40601.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40969.19

Forgiveness Date

04/08/2021

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