PPP Loan information for Tradition electric inc

$40,612

Tradition electric inc was initially approved for PPP Loan of amount $40,612, the current approved amount is $40,612. The loan was approved on 07/21/2020 by The ChoiceOne Bank reported 4 jobs and $40,612 was used to fund payroll.

Tradition electric inc is Existing or more than 2 years old

PPP Loan Search / MI / SAND LAKE / Tradition electric inc

TRADITION ELECTRIC INC

Date Approved

07/21/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRADITION ELECTRIC INC

Borrower Address

16161 WICKERT AVE PO BOX 242

Borrower City

SAND LAKE

Borrower State

MI

Borrower Zip

49343

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40612.00

Current Approval Amount

40612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAND LAKE

Project County Name

KENT

Project State

MI

Project Zip

49343-0001

CD

MI-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40612.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40825.63

Forgiveness Date

02/02/2021

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