PPP Loan information for A & b electric contracting, inc.

$113,700

A & b electric contracting, inc. was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/06/2020 by The 1st State Bank reported 40 jobs and $113,700 was used to fund payroll.

A & b electric contracting, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / A & b electric contracting, inc.

A & B ELECTRIC CONTRACTING, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A & B ELECTRIC CONTRACTING, INC.

Borrower Address

3646 Coachmans Ridge Dr.

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48603-8716

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48603-8716

CD

MI-08

Jobs Reported

40

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

109700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3300.00

Debt Interest Proceed

100

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114619.08

Forgiveness Date

02/16/2021

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