PPP Loan information for Woodworks inc

$568,087

Woodworks inc was initially approved for PPP Loan of amount $568,087, the current approved amount is $568,087. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $568,087 was used to fund payroll.

Woodworks inc is Existing or more than 2 years old

PPP Loan Search / MI / ROYAL OAK / Woodworks inc

WOODWORKS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WOODWORKS INC

Borrower Address

2720 W 14 MILE RD

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48073

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568087.00

Current Approval Amount

568087.00

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

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48073-0001

CD

MI-11

Jobs Reported

5

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

426000.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46000.00

Debt Interest Proceed

7087

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

Unanswered

Non Profit

Forgiveness Amount

574025.40

Forgiveness Date

05/21/2021

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