United Electrical Contractors, Inc.
$2,037,426 PPP Loan in Lansing, Michigan
Loan Details
- Loan Number
- 7877237002
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,037,426
- Current Approval
- $2,037,426
- Forgiveness Amount
- $2,060,815
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- United Electrical Contractors, Inc.
- Address
- 1314 N Larch Street
- City
- Lansing
- State
- Michigan
- ZIP Code
- 48906-4422
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 168
- Estimated Revenue
- $55.3M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $1,909,153
- Rent
- $33,164
- Utilities
- $10,132
- Health Care
- $83,837
- Debt Interest
- $1,140
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Lansing, MI
| Business | Approved | |
|---|---|---|
| Manpower of Lansing Michigan INC | $9,045,000 |  Research |
| Centralstar Cooperative Inc. | $5,385,793 | Research |
| Aoa Management Company Ltd Partnership | $5,218,290 | Research |
| Shaheen Automotive Group, Inc. | $4,729,385 | Research |
| Granger Construction Company | $4,682,300 | Research |
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