PPP Loan information for Cochran electric co.

$321,817

Cochran electric co. was initially approved for PPP Loan of amount $321,817, the current approved amount is $321,817. The loan was approved on 04/15/2020 by The County National Bank reported 25 jobs and $321,817 was used to fund payroll.

Cochran electric co. is Existing or more than 2 years old

PPP Loan Search / MI / JACKSON / Cochran electric co.

COCHRAN ELECTRIC CO.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COCHRAN ELECTRIC CO.

Borrower Address

2103 S. JACKSON ST

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49203-4589

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321817.00

Current Approval Amount

321817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49203-4589

CD

MI-05

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16090.85

Payroll Proceed

257453.60

Mortgage Interest Proceed

48272.55

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325365.93

Forgiveness Date

05/26/2021

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