PPP Loan information for American chair inc

$76,717

American chair inc was initially approved for PPP Loan of amount $76,717, the current approved amount is $76,717. The loan was approved on 02/03/2021 by The Customers Bank reported 13 jobs and $76,717 was used to fund payroll.

American chair inc is Existing or more than 2 years old

AMERICAN CHAIR INC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN CHAIR INC

Borrower Address

4876 Allen Park Dr Ste 1

Borrower City

Allendale

Borrower State

MI

Borrower Zip

49401-8614

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76717.00

Current Approval Amount

76717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allendale

Project County Name

OTTAWA

Project State

MI

Project Zip

49401-8614

CD

MI-02

Jobs Reported

13

NAICS Code

323113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

76715.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77204.63

Forgiveness Date

09/27/2021

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