PPP Loan information for Park electric company

$148,514

Park electric company was initially approved for PPP Loan of amount $148,514, the current approved amount is $148,514. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 13 jobs and $148,514 was used to fund payroll.

Park electric company is Existing or more than 2 years old

PPP Loan Search / MI / Armada / Park electric company

PARK ELECTRIC COMPANY

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARK ELECTRIC COMPANY

Borrower Address

74110 Church Street

Borrower City

Armada

Borrower State

MI

Borrower Zip

48005

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148513.87

Current Approval Amount

148513.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Armada

Project County Name

MACOMB

Project State

MI

Project Zip

48005-0001

CD

MI-09

Jobs Reported

13

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148513.87

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

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149258.47

Forgiveness Date

11/05/2020

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