PPP Loan information for Tri-county electric company of washtenaw county

$1,681,429

Tri-county electric company of washtenaw county was initially approved for PPP Loan of amount $1,681,429, the current approved amount is $1,681,429. The loan was approved on 01/20/2021 by The Chelsea State Bank reported 62 jobs and $1,681,429 was used to fund payroll.

Tri-county electric company of washtenaw county is Existing or more than 2 years old

PPP Loan Search / MI / Saline / Tri-county electric company of washtenaw county

TRI-COUNTY ELECTRIC COMPANY OF WASHTENAW COUNTY

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TRI-COUNTY ELECTRIC COMPANY OF WASHTENAW COUNTY

Borrower Address

1213 Industrial Dr

Borrower City

Saline

Borrower State

MI

Borrower Zip

48176-9434

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1681429.00

Current Approval Amount

1681429.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saline

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-9434

CD

MI-06

Jobs Reported

62

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1681427.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1696078.16

Forgiveness Date

12/08/2021

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