York Electric, Inc.

$754,300 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
4357457001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$754,300
Current Approval
$754,300
Forgiveness Amount
$760,607
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
York Electric, Inc.
Address
611 Andre St
ZIP Code
48706-4169
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$630,800
Rent
$38,100
Utilities
$20,400
Health Care
$65,000

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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