Rauhorn Electric, Inc.
$2,909,990 PPP Loan in Bruce Twp., Michigan
Loan Details
- Loan Number
- 1552787106
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,909,990
- Current Approval
- $2,909,990
- Forgiveness Amount
- $2,946,746
- Forgiveness Date
- Jul 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rauhorn Electric, Inc.
- Address
- 14140 33 Mile Road 0.0
- City
- Bruce Twp.
- State
- Michigan
- ZIP Code
- 48065-3939
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 167
- Estimated Revenue
- $54.9M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $2,584,990
- Rent
- $100,000
- Utilities
- $25,000
- Health Care
- $200,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Bruce Twp., MI
| Business | Approved | |
|---|---|---|
| Brighter Outlook Professional Window Cleaning Inc. | $28,695 |  AI Deep Dive |
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