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Highpoint Electric Inc.

$1,343,578 PPP Loan in Belmont, Michigan

Loan Details

Loan Number
2615138305
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$1,343,578
Current Approval
$1,343,578
Forgiveness Amount
$1,351,713
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Highpoint Electric Inc.
Address
8113 Belmont Ave NE
City
Belmont
State
Michigan
ZIP Code
49306-8883
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$22.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,343,578

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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