PPP Loan information for B&d electric inc

$193,400

B&d electric inc was initially approved for PPP Loan of amount $193,400, the current approved amount is $193,400. The loan was approved on 01/17/2021 by The Capitol National Bank reported 23 jobs and $193,400 was used to fund payroll.

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

PPP Loan Search / MI / Lansing / B&d electric inc

B&D ELECTRIC INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

B&D ELECTRIC INC

Borrower Address

7606 Northport Dr

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48917-9516

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193400.00

Current Approval Amount

193400.00

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

193400.00

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

195086.88

Forgiveness Date

12/08/2021

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