PPP Loan information for Soucy electric corporation

$42,075

Soucy electric corporation was initially approved for PPP Loan of amount $27,988, the current approved amount is $42,075. The loan was approved on 04/06/2020 by The Embers CU reported 47 jobs and $42,075 was used to fund payroll.

Soucy electric corporation is Existing or more than 2 years old

SOUCY ELECTRIC CORPORATION

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUCY ELECTRIC CORPORATION

Borrower Address

104 TIMBER LN

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-9358

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27987.70

Current Approval Amount

42075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99133

Servicing Lender Name

Embers CU

Servicing Lender Address

1001 W Baraga Ave

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4030

Rural Urban Indicator

R

Hubzone Indicator

N

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

49855-9358

CD

MI-01

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42075.00

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

99133

Originating Lender

Embers CU

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

42431.20

Forgiveness Date

02/19/2021

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