PPP Loan information for Prestolite electric incorporated

$2,939,857

Prestolite electric incorporated was initially approved for PPP Loan of amount $2,939,857, the current approved amount is $2,939,857. The loan was approved on 04/28/2020 by The KeyBank National Association reported 196 jobs and $2,939,857 was used to fund payroll.

Prestolite electric incorporated is Unanswered

PRESTOLITE ELECTRIC INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRESTOLITE ELECTRIC INCORPORATED

Borrower Address

30120 Hudson Drive

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48377

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2939857.00

Current Approval Amount

2939857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48377-0899

CD

MI-11

Jobs Reported

196

NAICS Code

336320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2939857.00

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

Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2976101.81

Forgiveness Date

08/02/2021

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