Erico Electric, Inc.
$292,560 PPP Loan in Hancock, Michigan
Loan Details
- Loan Number
- 7467007000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $292,560
- Current Approval
- $292,560
- Forgiveness Amount
- $294,211
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Erico Electric, Inc.
- Address
- 19273 Kiiskila Road
- City
- Hancock
- State
- Michigan
- ZIP Code
- 49930-9668
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $8.6M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $282,320
- Rent
- $8,000
- Utilities
- $2,240
Lender Information
- Servicing Lender
- Superior National Bank
- Originating Lender
- Superior National Bank
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