PPP Loan information for Electric apparatus company

$150,000

Electric apparatus company was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/19/2021 by The Bank of Ann Arbor reported 20 jobs and $150,000 was used to fund payroll.

Electric apparatus company is Existing or more than 2 years old

ELECTRIC APPARATUS COMPANY

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELECTRIC APPARATUS COMPANY

Borrower Address

409 Roosevelt St

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843-1860

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-1860

CD

MI-07

Jobs Reported

20

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149998.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151150.68

Forgiveness Date

11/01/2021

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