As part of the Paycheck Protection Program J RANCK ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

J RANCK ELECTRIC INC


Loan Amount	$6,080,600
BusinessName	J RANCK ELECTRIC INC
Address	1993 GOVER PKWY
City	MT PLEASANT
State	MI
Zip	48858
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	215
DateApproved	04/13/2020
Lender	PNC Bank, National Association
CD	MI-04
BusinessName.clean	J RANCK ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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