PPP Loan information for I b resources inc payroll escrow

$866,375

I b resources inc payroll escrow was initially approved for PPP Loan of amount $866,375, the current approved amount is $866,375. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $866,375 was used to fund payroll.

I b resources inc payroll escrow is Existing or more than 2 years old

I B RESOURCES INC PAYROLL ESCROW

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

I B RESOURCES INC PAYROLL ESCROW

Borrower Address

23800 VAN BORN RD

Borrower City

DEARBORN HEIGHTS

Borrower State

MI

Borrower Zip

48125

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

866375.00

Current Approval Amount

866375.00

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

DEARBORN HEIGHTS

Project County Name

WAYNE

Project State

MI

Project Zip

48125-1000

CD

MI-12

Jobs Reported

500

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

866375.00

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

Subchapter S 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

878332.42

Forgiveness Date

09/21/2021

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