PPP Loan information for Cole carbide industries inc

$831,350

Cole carbide industries inc was initially approved for PPP Loan of amount $831,350, the current approved amount is $831,350. The loan was approved on 03/12/2021 by The JPMorgan Chase Bank, National Association reported 62 jobs and $831,350 was used to fund payroll.

Cole carbide industries inc is Existing or more than 2 years old

COLE CARBIDE INDUSTRIES INC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COLE CARBIDE INDUSTRIES INC

Borrower Address

4930 S Lapeer Rd

Borrower City

Lake Orion

Borrower State

MI

Borrower Zip

48359-2412

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

831350.00

Current Approval Amount

831350.00

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

Lake Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48359-2412

CD

MI-09

Jobs Reported

62

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

831348.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

837845.15

Forgiveness Date

12/28/2021

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