PPP Loan information for Grace centers of hope

$600,000

Grace centers of hope was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 106 jobs and $600,000 was used to fund payroll.

Grace centers of hope is Existing or more than 2 years old

PPP Loan Search / MI / PONTIAC / Grace centers of hope

GRACE CENTERS OF HOPE

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACE CENTERS OF HOPE

Borrower Address

35 E HURON ST

Borrower City

PONTIAC

Borrower State

MI

Borrower Zip

48342

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

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

PONTIAC

Project County Name

OAKLAND

Project State

MI

Project Zip

48342-0007

CD

MI-11

Jobs Reported

106

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61300.00

Payroll Proceed

470000.00

Mortgage Interest Proceed

300.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

400

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

603952.67

Forgiveness Date

12/30/2020

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