J C Electric, LLC

$190,980 PPP Loan in Saint Johns, Michigan

Loan Details

Loan Number
8059257000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$190,980
Current Approval
$190,980
Forgiveness Amount
$192,042
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
J C Electric, LLC
Address
106 E Walker St
ZIP Code
48879-1538
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$171,900
Rent
$4,359
Utilities
$1,347
Health Care
$13,374

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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