United Electrical Contractors Inc.

$2,000,000 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
2884918301
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,010,575
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
United Electrical Contractors Inc.
Address
1314 N Larch St
ZIP Code
48906-4422
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
$55.3M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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