PPP Loan information for Hughes electronics products corporation

$244,100

Hughes electronics products corporation was initially approved for PPP Loan of amount $244,100, the current approved amount is $244,100. The loan was approved on 04/29/2020 by The Comerica Bank reported 19 jobs and $244,100 was used to fund payroll.

Hughes electronics products corporation is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Hughes electronics products corporation

HUGHES ELECTRONICS PRODUCTS CORPORATION

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HUGHES ELECTRONICS PRODUCTS CORPORATION

Borrower Address

34467 Industrial Road

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1305

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244100.00

Current Approval Amount

244100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

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

48150-1305

CD

MI-12

Jobs Reported

19

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195350.00

Mortgage Interest Proceed

48750.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245869.73

Forgiveness Date

01/25/2021

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