PPP Loan information for Lumen electric, inc.

$279,100

Lumen electric, inc. was initially approved for PPP Loan of amount $279,100, the current approved amount is $279,100. The loan was approved on 04/09/2020 by The United Bank of Michigan reported 24 jobs and $279,100 was used to fund payroll.

Lumen electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Lumen electric, inc.

LUMEN ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LUMEN ELECTRIC, INC.

Borrower Address

4910 KRAFT AVE SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9708

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279100.00

Current Approval Amount

279100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-9708

CD

MI-03

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3200.00

Payroll Proceed

270900.00

Mortgage Interest Proceed

5000.00

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

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281790.21

Forgiveness Date

03/31/2021

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