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Electrical Power and Design Inc.

$300,000 PPP Loan in Redford, Michigan

Loan Details

Loan Number
4800817204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$301,537
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Electrical Power and Design Inc.
Address
18840 Woodworth
City
Redford
State
Michigan
ZIP Code
48240-1957
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$300,000

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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