PPP Loan information for Town & country electric inc.

$1,300,600

Town & country electric inc. was initially approved for PPP Loan of amount $1,300,600, the current approved amount is $1,300,600. The loan was approved on 04/01/2021 by The Macatawa Bank reported 96 jobs and $1,300,600 was used to fund payroll.

Town & country electric inc. is Existing or more than 2 years old

TOWN & COUNTRY ELECTRIC INC.

Date Approved

04/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TOWN & COUNTRY ELECTRIC INC.

Borrower Address

9327 Riley St

Borrower City

Zeeland

Borrower State

MI

Borrower Zip

49464-9717

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1300600.00

Current Approval Amount

1300600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zeeland

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-9717

CD

MI-02

Jobs Reported

96

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1300600.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1305624.24

Forgiveness Date

09/01/2021

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