PPP Loan information for Classic floor covering, inc. dba carpet one

$117,662

Classic floor covering, inc. dba carpet one was initially approved for PPP Loan of amount $117,662, the current approved amount is $117,662. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $117,662 was used to fund payroll.

Classic floor covering, inc. dba carpet one is Existing or more than 2 years old

CLASSIC FLOOR COVERING, INC. DBA CARPET ONE

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLASSIC FLOOR COVERING, INC. DBA CARPET ONE

Borrower Address

50170 VANDYKE

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48317

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117662.00

Current Approval Amount

117662.00

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

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48317-0899

CD

MI-10

Jobs Reported

8

NAICS Code

444110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

97662.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118911.18

Forgiveness Date

05/27/2021

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