PPP Loan information for Chair covers & linens, inc.

$452,267

Chair covers & linens, inc. was initially approved for PPP Loan of amount $452,267, the current approved amount is $452,267. The loan was approved on 04/09/2020 by The Oxford Bank reported 70 jobs and $452,267 was used to fund payroll.

Chair covers & linens, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Chair covers & linens, inc.

CHAIR COVERS & LINENS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHAIR COVERS & LINENS, INC.

Borrower Address

25914 JOHN R RD

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-4022

Loan Status Date

01/15/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

452267.00

Current Approval Amount

452267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-4022

CD

MI-11

Jobs Reported

70

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

452267.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405360.64

Forgiveness Date

09/27/2021

;