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
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
Servicing Lender Zip
49707
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTAWA
Project State
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
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
19454.08
Forgiveness Date
12/14/2020