Shaw Electric Co

$3,865,122 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
9246877107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,865,122
Current Approval
$3,865,122
Forgiveness Amount
$3,915,422
Forgiveness Date
Aug 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaw Electric Co
Address
22100 Telegraph Rd
ZIP Code
48033-4213
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
155
Estimated Revenue
$51.0M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$3,865,122

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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