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Erico Electric Inc.

$292,560 PPP Loan in Hancock, Michigan

Loan Details

Loan Number
8586118307
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$292,560
Current Approval
$292,560
Forgiveness Amount
$293,690
Forgiveness Date
Jun 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Erico Electric Inc.
Address
19273 Kiiskila Rd
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
25
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$292,557
Utilities
$1

Lender Information

Servicing Lender
Superior National Bank
Originating Lender
Superior National Bank

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