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G & B Electric INC

$661,000 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
2855797209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$661,000
Current Approval
$661,000
Forgiveness Amount
$668,697
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
G & B Electric INC
Address
830 Orchard St
City
Ferndale
State
Michigan
ZIP Code
48220-1482
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$661,000

Lender Information

Servicing Lender
Superior National Bank
Originating Lender
Superior National Bank

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