PPP Loan information for Mared industries, incorporated dba detroit industrial tool

$386,270

Mared industries, incorporated dba detroit industrial tool was initially approved for PPP Loan of amount $386,270, the current approved amount is $386,270. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $386,270 was used to fund payroll.

Mared industries, incorporated dba detroit industrial tool is Existing or more than 2 years old

MARED INDUSTRIES, INCORPORATED DBA DETROIT INDUSTRIAL TOOL

Date Approved

04/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MARED INDUSTRIES, INCORPORATED DBA DETROIT INDUSTRIAL TOOL

Borrower Address

15222 KESWICK ST

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91405

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386270.00

Current Approval Amount

386270.00

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

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91405-0001

CD

CA-29

Jobs Reported

18

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

366371.00

Mortgage Interest Proceed

0.00

Rent Proceed

19899.00

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

390171.11

Forgiveness Date

04/26/2021

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