PPP Loan information for Utility contracting co., llc

$1,849,565

Utility contracting co., llc was initially approved for PPP Loan of amount $1,849,565, the current approved amount is $1,849,565. The loan was approved on 04/27/2020 by The Mercantile Bank reported 77 jobs and $1,849,565 was used to fund payroll.

Utility contracting co., llc is Existing or more than 2 years old

PPP Loan Search / MI / SPARTA / Utility contracting co., llc

UTILITY CONTRACTING CO., LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UTILITY CONTRACTING CO., LLC

Borrower Address

1001 12 MILE RD

Borrower City

SPARTA

Borrower State

MI

Borrower Zip

49345-8352

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1849565.00

Current Approval Amount

1849565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

KENT

Project State

MI

Project Zip

49345-8352

CD

MI-03

Jobs Reported

77

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8902.89

Payroll Proceed

1612844.83

Mortgage Interest Proceed

16109.59

Rent Proceed

8307.69

Refinance EIDL Proceed

0.00

Health Care Proceed

195000.00

Debt Interest Proceed

8400

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1869124.78

Forgiveness Date

05/21/2021

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