PPP Loan information for Chain industries inc.

$360,800

Chain industries inc. was initially approved for PPP Loan of amount $360,800, the current approved amount is $360,800. The loan was approved on 04/12/2020 by The Comerica Bank reported 24 jobs and $360,800 was used to fund payroll.

Chain industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Chain industries inc.

CHAIN INDUSTRIES INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHAIN INDUSTRIES INC.

Borrower Address

51035 GRAND RIVER AVE

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3329

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360800.00

Current Approval Amount

360800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3329

CD

MI-11

Jobs Reported

24

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288649.28

Mortgage Interest Proceed

72150.72

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353070.46

Forgiveness Date

12/10/2020

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