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Premium Electric Company INC

$181,280 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
9485398403
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$181,280
Current Approval
$181,280
Forgiveness Amount
$183,083
Forgiveness Date
Feb 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Premium Electric Company INC
Address
2550 Hilton Rd
City
Ferndale
State
Michigan
ZIP Code
48220-1544
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$181,275
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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