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Maurer Electric, Inc.

$513,200 PPP Loan in Bad Axe, Michigan

Loan Details

Loan Number
6693547002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$513,200
Current Approval
$513,200
Forgiveness Amount
$351,947
Forgiveness Date
Nov 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Maurer Electric, Inc.
Address
28 Westland Dr
City
Bad Axe
State
Michigan
ZIP Code
48413-7741
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$13.5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$513,200

Lender Information

Servicing Lender
Eastern Michigan Bank
Originating Lender
Eastern Michigan Bank

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