PPP Loan information for Summerset electric, inc.

$109,200

Summerset electric, inc. was initially approved for PPP Loan of amount $109,200, the current approved amount is $109,200. The loan was approved on 04/28/2020 by The Fifth Third Bank reported 8 jobs and $109,200 was used to fund payroll.

Summerset electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLINTON TOWNSHIP / Summerset electric, inc.

SUMMERSET ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMERSET ELECTRIC, INC.

Borrower Address

24401 MAPLEHURST DR

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48036-1324

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109200.00

Current Approval Amount

109200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1324

CD

MI-10

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109200.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109946.20

Forgiveness Date

01/07/2021

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