PPP Loan information for Patton labs inc

$943,857

Patton labs inc was initially approved for PPP Loan of amount $943,857, the current approved amount is $943,857. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 68 jobs and $943,857 was used to fund payroll.

Patton labs inc is Existing or more than 2 years old

PATTON LABS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PATTON LABS INC

Borrower Address

28345 Beck Rd SUITE 402

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

943857.00

Current Approval Amount

943857.00

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

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

68

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2800.00

Payroll Proceed

921867.00

Mortgage Interest Proceed

0.00

Rent Proceed

12690.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

500

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

950768.66

Forgiveness Date

01/26/2021

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