PPP Loan information for American chair inc.

$80,120

American chair inc. was initially approved for PPP Loan of amount $80,120, the current approved amount is $80,120. The loan was approved on 04/16/2020 by The Cross River Bank reported 13 jobs and $80,120 was used to fund payroll.

American chair inc. is Existing or more than 2 years old

AMERICAN CHAIR INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN CHAIR INC.

Borrower Address

5241 Edgeway dr

Borrower City

Allendale

Borrower State

MI

Borrower Zip

49401

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80120.00

Current Approval Amount

80120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

49401-0021

CD

MI-02

Jobs Reported

13

NAICS Code

323113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80120.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81241.68

Forgiveness Date

09/16/2021

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