Advanced Contracting & Electrical Services

$244,200 PPP Loan in Flint, Michigan

Loan Details

Loan Number
1082287103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$244,200
Current Approval
$244,200
Forgiveness Amount
$245,998
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Contracting & Electrical Services
Address
3230 S Dye Rd
City
Flint
ZIP Code
48507-1006
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$235,200
Rent
$7,000
Utilities
$1,500
Debt Interest
$500

Lender Information

Servicing Lender
Elga Cu
Originating Lender
Elga Cu

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