A & C ELECTRIC COMPANY (MI) - 2020 PPP Loan Borrower Profile (# 9756058300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & C ELECTRIC COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

9756058300

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$266,032

Date Loan was Approved

Jan 31, 2021

Amount Forgiven

$268,371.16

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

266,031

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

811310

Borrower Location

Harrison Township, MI

Project Location

Harrison Township, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.