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Ludwick Electric LLC

$77,511 PPP Loan in Bronson, Michigan

Loan Details

Loan Number
3237057109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$77,511
Current Approval
$77,511
Forgiveness Amount
$78,091
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ludwick Electric LLC
Address
835 Langwell Rd
City
Bronson
State
Michigan
ZIP Code
49028-9341
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$64,511
Rent
$5,000
Utilities
$3,000
Health Care
$5,000

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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