Roy Electric Company INC

$89,500 PPP Loan in Sault Sainte Marie, Michigan

Loan Details

Loan Number
4397527003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$89,500
Current Approval
$89,500
Forgiveness Amount
$90,064
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Roy Electric Company INC
Address
2901 Ashmun St
ZIP Code
49783-3739
Business Type
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
$67,125
Utilities
$11,188
Mortgage Interest
$11,188

Lender Information

Servicing Lender
4front Credit Union
Originating Lender
Old Mission Bank

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