PPP Loan information for Simpkins electrical service

$31,500

Simpkins electrical service was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 03/20/2021 by The Community Choice CU reported 5 jobs and $31,500 was used to fund payroll.

Simpkins electrical service is Existing or more than 2 years old

SIMPKINS ELECTRICAL SERVICE

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SIMPKINS ELECTRICAL SERVICE

Borrower Address

4810 Page Ave

Borrower City

Michigan Center

Borrower State

MI

Borrower Zip

49254-1155

Loan Status Date

11/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Michigan Center

Project County Name

JACKSON

Project State

MI

Project Zip

49254-1155

CD

MI-05

Jobs Reported

5

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31500.00

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

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31996.12

Forgiveness Date

10/12/2022

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