PPP Loan information for Multi cultural books and videos, inc.

$87,725

Multi cultural books and videos, inc. was initially approved for PPP Loan of amount $87,725, the current approved amount is $87,725. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $87,725 was used to fund payroll.

Multi cultural books and videos, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Multi cultural books and videos, inc.

MULTI CULTURAL BOOKS AND VIDEOS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MULTI CULTURAL BOOKS AND VIDEOS, INC.

Borrower Address

30007 JOHN R RD

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87725.00

Current Approval Amount

87725.00

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

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-0001

CD

MI-11

Jobs Reported

12

NAICS Code

451211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1545.00

Payroll Proceed

70180.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

88706.50

Forgiveness Date

06/17/2021

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