PPP Loan information for Ers inc.

$825,300

Ers inc. was initially approved for PPP Loan of amount $825,300, the current approved amount is $825,300. The loan was approved on 02/13/2021 by The First State Bank reported 64 jobs and $825,300 was used to fund payroll.

Ers inc. is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Ers inc.

ERS INC.

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ERS INC.

Borrower Address

12001 Levan Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1403

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

825300.00

Current Approval Amount

825300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1403

CD

MI-12

Jobs Reported

64

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

825300.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

832399.84

Forgiveness Date

12/28/2021

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