Mutual Electric Co

$247,832 PPP Loan in Brighton, Michigan

Loan Details

Loan Number
9566778401
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$247,832
Current Approval
$247,832
Forgiveness Amount
$253,305
Forgiveness Date
May 8, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mutual Electric Co
Address
1260 Rickett Rd
ZIP Code
48116-1833
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$247,828
Utilities
$1

Lender Information

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

Other PPP Loans in Brighton, MI

BusinessApproved
Sundance INC$10,000,000NewBizBotAI Deep Dive
Bwi Chassis Dynamics (na), INC$3,393,480NewBizBotAI Deep Dive
Work Skills Corporation$2,411,900NewBizBotAI Deep Dive
Am Comm Telecommunications, Incorporated DBA Directional Bor$2,324,037NewBizBotAI Deep Dive
Work Skills Corporation$2,000,000NewBizBotAI Deep Dive

Want to research this company further?