PPP Loan information for Woolsey electric inc

$85,912

Woolsey electric inc was initially approved for PPP Loan of amount $85,912, the current approved amount is $85,912. The loan was approved on 01/29/2021 by The First National Bank of Michigan reported 10 jobs and $85,912 was used to fund payroll.

Woolsey electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Richland / Woolsey electric inc

WOOLSEY ELECTRIC INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WOOLSEY ELECTRIC INC

Borrower Address

5907 E B Ave

Borrower City

Richland

Borrower State

MI

Borrower Zip

49083-9516

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85912.00

Current Approval Amount

85912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richland

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49083-9516

CD

MI-06

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85910.00

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

Subchapter S Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86789.95

Forgiveness Date

02/10/2022

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