PPP Loan information for Windemuller electric inc.

$2,000,000

Windemuller electric inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/07/2021 by The Macatawa Bank reported 231 jobs and $2,000,000 was used to fund payroll.

Windemuller electric inc. is Existing or more than 2 years old

WINDEMULLER ELECTRIC INC.

Date Approved

05/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WINDEMULLER ELECTRIC INC.

Borrower Address

1176 Electric Ave

Borrower City

Wayland

Borrower State

MI

Borrower Zip

49348-8901

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayland

Project County Name

ALLEGAN

Project State

MI

Project Zip

49348-8901

CD

MI-03

Jobs Reported

231

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Unanswered

Non Profit

Forgiveness Amount

2007397.26

Forgiveness Date

09/24/2021

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