Elders Electric Co.

$554,284 PPP Loan in Grandville, Michigan

Loan Details

Loan Number
9922208609
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$554,284
Current Approval
$554,284
Forgiveness Amount
$556,046
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elders Electric Co.
Address
4051 Chicago Dr SW
ZIP Code
49418-1257
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$554,284

Lender Information

Servicing Lender
Grand River Bank
Originating Lender
Grand River Bank

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