PPP Loan information for Walker electric inc

$390,262

Walker electric inc was initially approved for PPP Loan of amount $280,500, the current approved amount is $390,262. The loan was approved on 04/06/2020 by The The State Bank reported 22 jobs and $390,262 was used to fund payroll.

Walker electric inc is Existing or more than 2 years old

WALKER ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WALKER ELECTRIC INC

Borrower Address

3725 SAGINAW ST

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48507-4321

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280500.00

Current Approval Amount

390262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48507-4321

CD

MI-08

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

390262.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392892.26

Forgiveness Date

12/21/2020

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