PPP Loan information for Standard coating inc.

$562,157

Standard coating inc. was initially approved for PPP Loan of amount $562,157, the current approved amount is $562,157. The loan was approved on 02/07/2021 by The JPMorgan Chase Bank, National Association reported 81 jobs and $562,157 was used to fund payroll.

Standard coating inc. is Existing or more than 2 years old

STANDARD COATING INC.

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STANDARD COATING INC.

Borrower Address

32565 Dequindre Rd

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1520

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562157.00

Current Approval Amount

562157.00

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

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1520

CD

MI-11

Jobs Reported

81

NAICS Code

424950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

562152.00

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

565385.97

Forgiveness Date

09/09/2021

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