Elders Electric Co.
$420,770 PPP Loan in Grandville, Michigan
Loan Details
- Loan Number
- 1848117702
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $420,770
- Current Approval
- $420,770
- Forgiveness Amount
- $425,168
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Elders Electric Co.
- Address
- 4051 Chicago Drive
- City
- Grandville
- State
- Michigan
- ZIP Code
- 49418
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $364,460
- Rent
- $13,780
- Utilities
- $3,986
- Health Care
- $38,544
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Grandville, MI
| Business | Approved | |
|---|---|---|
| Corvac Composites LLC | $5,871,000 |  Research |
| Kerkstra Precast, Inc. | $3,308,428 | Research |
| Goodwill Industries of Greater Grand Rapids, Inc. | $2,740,045 | Research |
| Grandville Printing Co | $2,580,800 | Research |
| Hadley Products Corporation | $2,307,600 | Research |
Want to research this company further?
Try NewBizBot free