PPP Loan information for Erc inc

$172,500

Erc inc was initially approved for PPP Loan of amount $172,500, the current approved amount is $172,500. The loan was approved on 01/28/2021 by The Customers Bank reported 43 jobs and $172,500 was used to fund payroll.

Erc inc is Existing or more than 2 years old

PPP Loan Search / MI / Canton / Erc inc

ERC INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ERC INC

Borrower Address

201 N Canton Center Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2901

Loan Status Date

12/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172500.00

Current Approval Amount

172500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

48187-2901

CD

MI-06

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

172498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173908.36

Forgiveness Date

12/14/2021

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