Premium Electric Company INC

$180,247 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
7493287203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$180,247
Current Approval
$180,247
Forgiveness Amount
$181,590
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Premium Electric Company INC
Address
2550 Hilton Road
ZIP Code
48220-1544
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$176,036
Refinance EIDL
$4,211

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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