Ib Electric INC
$81,352 PPP Loan in Dearborn Heights, Michigan
Loan Details
- Loan Number
- 2637807702
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $81,352
- Current Approval
- $81,352
- Forgiveness Amount
- $82,134
- Forgiveness Date
- Apr 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ib Electric INC
- Address
- 22345 W. Warren Street
- City
- Dearborn Heights
- State
- Michigan
- ZIP Code
- 48127
- Business Type
- Corporation
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $61,014
- Rent
- $10,000
- Utilities
- $5,000
- Debt Interest
- $5,338
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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