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Albion Electric, Inc.

$260,200 PPP Loan in Marshall, Michigan

Loan Details

Loan Number
3477967110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$260,200
Current Approval
$244,600
Forgiveness Amount
$246,356
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Albion Electric, Inc.
Address
16913 E Michigan Ave
City
Marshall
State
Michigan
ZIP Code
49068
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$244,600

Lender Information

Servicing Lender
Homestead Savings Bank
Originating Lender
Homestead Savings Bank

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