PPP Loan information for Efficient electric inc.

$28,500

Efficient electric inc. was initially approved for PPP Loan of amount $28,500, the current approved amount is $28,500. The loan was approved on 05/13/2020 by The Community Choice CU reported 6 jobs and $28,500 was used to fund payroll.

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

EFFICIENT ELECTRIC INC.

Date Approved

05/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EFFICIENT ELECTRIC INC.

Borrower Address

1354 Hampshire Drive

Borrower City

Canton

Borrower State

MI

Borrower Zip

48188

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28500.00

Current Approval Amount

28500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48188-0001

CD

MI-06

Jobs Reported

6

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28500.00

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

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28613.21

Forgiveness Date

10/13/2020

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