Hi-Tech Electric Company

$2,426,200 PPP Loan in Portage, Michigan

Loan Details

Loan Number
4999217001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,426,200
Current Approval
$2,426,200
Forgiveness Amount
$2,454,517
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hi-Tech Electric Company
Address
839 Lenox Ave Suite a
ZIP Code
49024-5400
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$42.4M
Rural/Urban
Urban
Congressional District
MI-04

Loan Use Breakdown

Payroll
$2,426,200

Lender Information

Servicing Lender
First National Bank of Michigan
Originating Lender
First National Bank of Michigan

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