PPP Loan information for Solutions electric inc

$70,290

Solutions electric inc was initially approved for PPP Loan of amount $70,290, the current approved amount is $70,290. The loan was approved on 02/09/2021 by The 4Front Credit Union reported 8 jobs and $70,290 was used to fund payroll.

Solutions electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Alanson / Solutions electric inc

SOLUTIONS ELECTRIC INC

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOLUTIONS ELECTRIC INC

Borrower Address

8124 S Ayr Rd

Borrower City

Alanson

Borrower State

MI

Borrower Zip

49706-9577

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70290.00

Current Approval Amount

70290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98980

Servicing Lender Name

4Front Credit Union

Servicing Lender Address

101 N Park St

Servicing Lender City

Traverse City

Servicing Lender State

MI

Servicing Lender Zip

49684

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alanson

Project County Name

EMMET

Project State

MI

Project Zip

49706-9577

CD

MI-01

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70284.00

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

Subchapter S Corporation

Originating Lender Location Id

98980

Originating Lender

4Front Credit Union

Originating Lender City

Traverse City

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71215.49

Forgiveness Date

06/09/2022

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