PPP Loan information for Cochran bros. distributors, inc.

$212,500

Cochran bros. distributors, inc. was initially approved for PPP Loan of amount $212,500, the current approved amount is $212,500. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 25 jobs and $212,500 was used to fund payroll.

Cochran bros. distributors, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TAYLOR / Cochran bros. distributors, inc.

COCHRAN BROS. DISTRIBUTORS, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COCHRAN BROS. DISTRIBUTORS, INC.

Borrower Address

27060 TROLLEY INDUSTRIAL DR

Borrower City

TAYLOR

Borrower State

MI

Borrower Zip

48180

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212500.00

Current Approval Amount

212500.00

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

TAYLOR

Project County Name

WAYNE

Project State

MI

Project Zip

48180-0001

CD

MI-13

Jobs Reported

25

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

176000.00

Mortgage Interest Proceed

0.00

Rent Proceed

18500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

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

215172.54

Forgiveness Date

07/26/2021

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