PPP Loan information for Standard coating inc.

$658,805

Standard coating inc. was initially approved for PPP Loan of amount $658,805, the current approved amount is $658,805. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 70 jobs and $658,805 was used to fund payroll.

Standard coating inc. is New Business or 2 years or less

PPP Loan Search / MI / MADISON HEIGHTS / Standard coating inc.

STANDARD COATING INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STANDARD COATING INC.

Borrower Address

32565 DEQUINDRE RD

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

658805.00

Current Approval Amount

658805.00

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

New Business or 2 years or less

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-0001

CD

MI-11

Jobs Reported

70

NAICS Code

424950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60450.00

Payroll Proceed

527000.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39355.00

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

663826.56

Forgiveness Date

01/25/2021

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