A & C Electric Company

$266,032 PPP Loan in Harrison Township, Michigan

Loan Details

Loan Number
2136707709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$266,032
Current Approval
$266,032
Forgiveness Amount
$268,719
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
A & C Electric Company
Address
41225 Irwin Dr
ZIP Code
48045
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$238,654
Rent
$6,000
Utilities
$6,080
Health Care
$15,298

Lender Information

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

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