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Cochran Electric Co.

$321,817 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
8537117108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$321,817
Current Approval
$321,817
Forgiveness Amount
$325,366
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cochran Electric Co.
Address
2103 S. Jackson St
City
Jackson
State
Michigan
ZIP Code
49203-4589
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$257,454
Utilities
$16,091
Mortgage Interest
$48,273

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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