PPP Loan information for Parson adhesives inc

$442,500

Parson adhesives inc was initially approved for PPP Loan of amount $442,500, the current approved amount is $442,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 75 jobs and $442,500 was used to fund payroll.

Parson adhesives inc is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER / Parson adhesives inc

PARSON ADHESIVES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARSON ADHESIVES INC

Borrower Address

3345 W AUBURN RD STE 107

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48309

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442500.00

Current Approval Amount

442500.00

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

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

75

NAICS Code

325520

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

442500.00

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

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

447390.61

Forgiveness Date

06/14/2021

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