PPP Loan information for Busen appliance inc

$105,457

Busen appliance inc was initially approved for PPP Loan of amount $105,457, the current approved amount is $105,457. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $105,457 was used to fund payroll.

Busen appliance inc is Existing or more than 2 years old

PPP Loan Search / MI / LINCOLN PARK / Busen appliance inc

BUSEN APPLIANCE INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUSEN APPLIANCE INC

Borrower Address

2323 FORT ST

Borrower City

LINCOLN PARK

Borrower State

MI

Borrower Zip

48146

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105457.00

Current Approval Amount

105457.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN PARK

Project County Name

WAYNE

Project State

MI

Project Zip

48146-0001

CD

MI-13

Jobs Reported

11

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

877.00

Payroll Proceed

84366.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10214.00

Debt Interest Proceed

0

Business Type

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

106751.72

Forgiveness Date

07/27/2021

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