PPP Loan information for Ross operating valve company

$2,315,972

Ross operating valve company was initially approved for PPP Loan of amount $2,315,972, the current approved amount is $2,315,972. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 150 jobs and $2,315,972 was used to fund payroll.

Ross operating valve company is Existing or more than 2 years old

ROSS OPERATING VALVE COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROSS OPERATING VALVE COMPANY

Borrower Address

1250 Stephenson Hwy 0.0

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1115

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2315972.00

Current Approval Amount

2315972.00

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

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1115

CD

MI-11

Jobs Reported

150

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60500.00

Payroll Proceed

1841142.00

Mortgage Interest Proceed

0.00

Rent Proceed

83000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

270000.00

Debt Interest Proceed

61330

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

2342829.56

Forgiveness Date

06/11/2021

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