PPP Loan information for Young home for the elderly, inc.

$60,970

Young home for the elderly, inc. was initially approved for PPP Loan of amount $60,970, the current approved amount is $60,970. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $60,970 was used to fund payroll.

Young home for the elderly, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Young home for the elderly, inc.

YOUNG HOME FOR THE ELDERLY, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNG HOME FOR THE ELDERLY, INC.

Borrower Address

3900 E 9 MILE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60970.00

Current Approval Amount

60970.00

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

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-0899

CD

MI-10

Jobs Reported

12

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3194.00

Payroll Proceed

48776.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

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

61667.09

Forgiveness Date

06/28/2021

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