PPP Loan information for Waug's electric service inc.

$23,100

Waug's electric service inc. was initially approved for PPP Loan of amount $23,100, the current approved amount is $23,100. The loan was approved on 01/25/2021 by The Comerica Bank reported 3 jobs and $23,100 was used to fund payroll.

Waug's electric service inc. is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Waug's electric service inc.

WAUG'S ELECTRIC SERVICE INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WAUG'S ELECTRIC SERVICE INC.

Borrower Address

22001 Colgate St

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-4837

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23100.00

Current Approval Amount

23100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-4837

CD

MI-11

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23097.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23216.14

Forgiveness Date

07/27/2021

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