PPP Loan information for Colonial rest home, inc. dba the carriage house of bay city

$889,920

Colonial rest home, inc. dba the carriage house of bay city was initially approved for PPP Loan of amount $889,920, the current approved amount is $889,920. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 140 jobs and $889,920 was used to fund payroll.

Colonial rest home, inc. dba the carriage house of bay city is Existing or more than 2 years old

COLONIAL REST HOME, INC. DBA THE CARRIAGE HOUSE OF BAY CITY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLONIAL REST HOME, INC. DBA THE CARRIAGE HOUSE OF BAY CITY

Borrower Address

2394 MIDLAND RD

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

889920.00

Current Approval Amount

889920.00

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

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-0001

CD

MI-08

Jobs Reported

140

NAICS Code

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

735518.00

Mortgage Interest Proceed

24000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

15402

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

901887.45

Forgiveness Date

09/08/2021

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