PPP Loan information for Electric motor service center inc.

$38,935

Electric motor service center inc. was initially approved for PPP Loan of amount $38,935, the current approved amount is $38,935. The loan was approved on 01/28/2021 by The Fifth Third Bank reported 4 jobs and $38,935 was used to fund payroll.

Electric motor service center inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Electric motor service center inc.

ELECTRIC MOTOR SERVICE CENTER INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELECTRIC MOTOR SERVICE CENTER INC.

Borrower Address

3565 Viaduct St SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1057

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38935.00

Current Approval Amount

38935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1057

CD

MI-02

Jobs Reported

4

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38930.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39212.95

Forgiveness Date

10/20/2021

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