PPP Loan information for Chosen electric

$19,337

Chosen electric was initially approved for PPP Loan of amount $19,337, the current approved amount is $19,337. The loan was approved on 04/27/2020 by The Northland Area FCU reported 4 jobs and $19,337 was used to fund payroll.

Chosen electric is Existing or more than 2 years old

CHOSEN ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHOSEN ELECTRIC

Borrower Address

5900 Balsam Drive

Borrower City

Hudsonville

Borrower State

MI

Borrower Zip

49426

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19337.00

Current Approval Amount

19337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99552

Servicing Lender Name

Northland Area FCU

Servicing Lender Address

1161 N Bagley St.

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudsonville

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-0001

CD

MI-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

967.00

Payroll Proceed

14502.00

Mortgage Interest Proceed

1934.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1934.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99552

Originating Lender

Northland Area FCU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19454.08

Forgiveness Date

12/14/2020

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