ADRIAN ELECTRIC & GENERATOR CO. (MI) - 2020 PPP Loan Borrower Profile (# 6866907307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADRIAN ELECTRIC & GENERATOR CO.. 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

6866907307

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$260,112

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$262,062.84

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

260,112

Lender

County National Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

ADRIAN, MI

Project Location

ADRIAN, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.