PPP Loan information for Ers, inc

$826,200

Ers, inc was initially approved for PPP Loan of amount $826,200, the current approved amount is $826,200. The loan was approved on 04/15/2020 by The First State Bank reported 70 jobs and $826,200 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

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ERS, INC

Borrower Address

12001 Levan Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1403

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

826200.00

Current Approval Amount

826200.00

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

70

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

826200.00

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

833941.38

Forgiveness Date

04/01/2021

;