# PPP loan: TRI-COUNTY ELECTRIC COMPANY OF WASHTENAW COUNTY
> **$1.68M** approved 01/20/2021 · Paid in Full · Loan `2034748302`
## Borrower
- **Name:** TRI-COUNTY ELECTRIC COMPANY OF WASHTENAW COUNTY
- **Address:** 1213 Industrial Dr, Saline, MI, 48176-9434
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.68M
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*