Hi-Tech Electric Company Inc.
$2,000,000 PPP Loan in Portage, Michigan
Loan Details
- Loan Number
- 5357688600
- Date Approved
- Mar 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,014,795
- Forgiveness Date
- Dec 21, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Hi-Tech Electric Company Inc.
- Address
- 839 Lenox Ave
- City
- Portage
- State
- Michigan
- ZIP Code
- 49024-5400
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 161
- Estimated Revenue
- $53.0M
- Rural/Urban
- Urban
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $1,999,996
- Utilities
- $1
Lender Information
- Servicing Lender
- First National Bank of Michigan
- Originating Lender
- First National Bank of Michigan
Other PPP Loans in Portage, MI
| Business | Approved | |
|---|---|---|
| Pro Services, Inc. | $3,746,000 |  Research |
| Allen Edwin Homebuilders LLC | $2,599,100 | Research |
| Hi-Tech Electric Company | $2,426,200 | Research |
| Pro Services Inc. | $2,000,000 | Research |
| Portage Physicians P C | $1,875,000 | Research |
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