PPP Loan information for Midwest tube fabricators inc

$155,000

Midwest tube fabricators inc was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 20 jobs and $155,000 was used to fund payroll.

Midwest tube fabricators inc is Existing or more than 2 years old

MIDWEST TUBE FABRICATORS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDWEST TUBE FABRICATORS INC

Borrower Address

36845 METRO CT

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

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

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-0899

CD

MI-10

Jobs Reported

20

NAICS Code

332996

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1270.00

Payroll Proceed

124000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16788.00

Debt Interest Proceed

942

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

156725.75

Forgiveness Date

06/15/2021

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