Morrison Electric Inc.

$61,558 PPP Loan in Rapid City, Michigan

Loan Details

Loan Number
3659278308
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$61,558
Current Approval
$61,558
Forgiveness Amount
$61,802
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morrison Electric Inc.
Address
6323 Rapid City Road
ZIP Code
49676
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-01

Loan Use Breakdown

Payroll
$61,557
Utilities
$1

Lender Information

Servicing Lender
Alden State Bank
Originating Lender
Alden State Bank

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