PPP Loan information for B & d electric, inc.

$193,500

B & d electric, inc. was initially approved for PPP Loan of amount $193,500, the current approved amount is $193,500. The loan was approved on 08/07/2020 by The Capitol National Bank reported 23 jobs and $193,500 was used to fund payroll.

B & d electric, inc. is Existing or more than 2 years old

B & D ELECTRIC, INC.

Date Approved

08/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

B & D ELECTRIC, INC.

Borrower Address

7606 NORTHPORT DR

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48917-9516

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193500.00

Current Approval Amount

193500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

EATON

Project State

MI

Project Zip

48917-9516

CD

MI-07

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193500.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195730.62

Forgiveness Date

10/04/2021

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