Elco Enterprises INC

$854,650 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
5085708305
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$854,650
Current Approval
$854,650
Forgiveness Amount
$864,203
Forgiveness Date
Mar 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elco Enterprises INC
Address
5750 Marathon Dr
ZIP Code
49201-7711
Business Type
Corporation
Industry (NAICS)
Manufacturing (331222)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$854,647
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

Other PPP Loans in Jackson, MI

BusinessApproved
Dynamic Industrial Group LLC$6,898,707NewBizBotAI Deep Dive
Melling Tool Co.$6,029,000NewBizBotAI Deep Dive
Commonwealth Associates, Inc.$4,992,800NewBizBotAI Deep Dive
America's Preferred Service Contract Administration, Inc.$2,929,454NewBizBotAI Deep Dive
Center for Family Health$2,903,300NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free