Jmc Electrical Contractor, LLC

$850,000 PPP Loan in Clinton Twp, Michigan

Loan Details

Loan Number
1902337210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$856,271
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jmc Electrical Contractor, LLC
Address
33651 Giftos Dr
ZIP Code
48035
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$727,248
Rent
$8,000
Utilities
$2,452
Health Care
$112,300

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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