# PPP loan: MEAD AND WHITE ELECTRIC INC.
> **$717K** approved 02/17/2021 · Paid in Full · Loan `9658448404`
## Borrower
- **Name:** MEAD AND WHITE ELECTRIC INC.
- **Address:** 9895 Red Arrow Hwy, Bridgman, MI, 49106-9001
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $717K
- **Initial approval:** $717K
- **Forgiven:** $721K (100%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $717K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Honor CU
- **Servicing:** Honor CU (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*