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Glen Lake Electric, Inc.

$83,500 PPP Loan in Honor, Michigan

Loan Details

Loan Number
6837107402
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$83,500
Current Approval
$83,500
Forgiveness Amount
$84,125
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Glen Lake Electric, Inc.
Address
2191 Valley Rd
City
Honor
State
Michigan
ZIP Code
49640-9436
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$77,680
Rent
$3,000
Utilities
$2,820

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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