PPP Loan information for Marcoat finishings inc.

$93,800

Marcoat finishings inc. was initially approved for PPP Loan of amount $93,800, the current approved amount is $93,800. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 9 jobs and $93,800 was used to fund payroll.

Marcoat finishings inc. is New Business or 2 years or less

MARCOAT FINISHINGS INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARCOAT FINISHINGS INC.

Borrower Address

36808 LANSBURY LN

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48335

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93800.00

Current Approval Amount

93800.00

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

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-0899

CD

MI-11

Jobs Reported

9

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

88600.00

Mortgage Interest Proceed

0.00

Rent Proceed

3200.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94816.27

Forgiveness Date

06/04/2021

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