PPP Loan information for Canton electric inc.

$40,000

Canton electric inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $40,000 was used to fund payroll.

Canton electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / WHITMORE LAKE / Canton electric inc.

CANTON ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CANTON ELECTRIC INC.

Borrower Address

7198 WEBSTER CHURCH RD

Borrower City

WHITMORE LAKE

Borrower State

MI

Borrower Zip

48189-9012

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITMORE LAKE

Project County Name

WASHTENAW

Project State

MI

Project Zip

48189-9012

CD

MI-06

Jobs Reported

4

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40343.01

Forgiveness Date

03/11/2021

;