PPP Loan information for Theut products inc

$1,193,837

Theut products inc was initially approved for PPP Loan of amount $1,193,837, the current approved amount is $1,193,837. The loan was approved on 02/24/2021 by The JPMorgan Chase Bank, National Association reported 74 jobs and $1,193,837 was used to fund payroll.

Theut products inc is Existing or more than 2 years old

THEUT PRODUCTS INC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THEUT PRODUCTS INC

Borrower Address

73408 Van Dyke Rd

Borrower City

Bruce Twp

Borrower State

MI

Borrower Zip

48065-3214

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1193837.00

Current Approval Amount

1193837.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bruce Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48065-3214

CD

MI-09

Jobs Reported

74

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1193835.00

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

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

1202384.21

Forgiveness Date

11/16/2021

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