PPP Loan information for Standard electric company

$4,656,900

Standard electric company was initially approved for PPP Loan of amount $4,656,900, the current approved amount is $4,656,900. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 363 jobs and $4,656,900 was used to fund payroll.

Standard electric company is Existing or more than 2 years old

PPP Loan Search / MI / Saginaw / Standard electric company

STANDARD ELECTRIC COMPANY

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STANDARD ELECTRIC COMPANY

Borrower Address

2650 Trautner Dr. 0.0

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48064-9599

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4656900.00

Current Approval Amount

4656900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48064-0899

CD

MI-09

Jobs Reported

363

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

121831.00

Payroll Proceed

3693792.00

Mortgage Interest Proceed

0.00

Rent Proceed

412177.00

Refinance EIDL Proceed

0.00

Health Care Proceed

429100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4719398.19

Forgiveness Date

08/17/2021

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