PPP Loan information for Repair industries of michigan, inc.

$1,441,414

Repair industries of michigan, inc. was initially approved for PPP Loan of amount $1,441,414, the current approved amount is $1,441,414. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 79 jobs and $1,441,414 was used to fund payroll.

Repair industries of michigan, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HAMTRAMCK / Repair industries of michigan, inc.

REPAIR INDUSTRIES OF MICHIGAN, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REPAIR INDUSTRIES OF MICHIGAN, INC.

Borrower Address

6501 E. MCNICHOLS

Borrower City

HAMTRAMCK

Borrower State

MI

Borrower Zip

48212-2027

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1441414.40

Current Approval Amount

1441414.40

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

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMTRAMCK

Project County Name

WAYNE

Project State

MI

Project Zip

48212-2027

CD

MI-13

Jobs Reported

79

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37864.30

Payroll Proceed

1208118.05

Mortgage Interest Proceed

0.00

Rent Proceed

61500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

133932.05

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

Non-Veteran

Non Profit

Forgiveness Amount

1454912.45

Forgiveness Date

03/25/2021

;