Date Approved
05/26/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
WESTBORN ELECTRIC LLC
Borrower Address
20962 Van Born Rd
Borrower City
Dearborn Heights
Borrower State
MI
Borrower Zip
48125-2878
Loan Status Date
03/23/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
71856.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
11
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
529113
Originating Lender
Kabbage, Inc.
Originating Lender City
Atlanta
Originating Lender State
GA
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
72860.02
Forgiveness Date
10/20/2021