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State Electric Company

$384,600 PPP Loan in Holly, Michigan

Loan Details

Loan Number
1717038306
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$384,600
Current Approval
$384,600
Forgiveness Amount
$388,264
Forgiveness Date
Jan 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
State Electric Company
Address
7194 Big Sky Dr
City
Holly
State
Michigan
ZIP Code
48442-9776
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$384,599

Lender Information

Servicing Lender
Oxford Bank
Originating Lender
Oxford Bank

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