PPP Loan information for Axle of dearborn, inc.

$986,800

Axle of dearborn, inc. was initially approved for PPP Loan of amount $986,800, the current approved amount is $986,800. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 107 jobs and $986,800 was used to fund payroll.

Axle of dearborn, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Axle of dearborn, inc.

AXLE OF DEARBORN, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AXLE OF DEARBORN, INC.

Borrower Address

2000 W. 8 Mile 0.0

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2215

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

986800.00

Current Approval Amount

986800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2215

CD

MI-11

Jobs Reported

107

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

986800.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

999559.87

Forgiveness Date

07/29/2021

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