Valley Electrical Contractors, Inc.

$1,517,677 PPP Loan in Midland, Michigan

Loan Details

Loan Number
1110438301
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,517,677
Current Approval
$1,517,677
Forgiveness Amount
$1,525,012
Forgiveness Date
Jul 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Valley Electrical Contractors, Inc.
Address
3079 E Commercial Dr
ZIP Code
48642-7840
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
147
Estimated Revenue
$48.4M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$1,517,674
Utilities
$1

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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