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Albion Electric Inc.

$244,600 PPP Loan in Albion, Michigan

Loan Details

Loan Number
1443318309
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$244,600
Current Approval
$244,600
Forgiveness Amount
$245,920
Forgiveness Date
Aug 11, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Albion Electric Inc.
Address
16913 W Michigan Ave
City
Albion
State
Michigan
ZIP Code
49224-9687
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$244,600

Lender Information

Servicing Lender
Homestead Savings Bank
Originating Lender
Homestead Savings Bank

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