PPP Loan information for Suburban electric inc

$39,800

Suburban electric inc was initially approved for PPP Loan of amount $39,800, the current approved amount is $39,800. The loan was approved on 02/05/2021 by The Comerica Bank reported 3 jobs and $39,800 was used to fund payroll.

Suburban electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Rockwood / Suburban electric inc

SUBURBAN ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SUBURBAN ELECTRIC INC

Borrower Address

33197 W Jefferson Ave

Borrower City

Rockwood

Borrower State

MI

Borrower Zip

48173-9608

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39800.00

Current Approval Amount

39800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockwood

Project County Name

WAYNE

Project State

MI

Project Zip

48173-9608

CD

MI-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39798.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40101.82

Forgiveness Date

11/09/2021

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