PPP Loan information for Anchor wiping cloth, inc.

$527,200

Anchor wiping cloth, inc. was initially approved for PPP Loan of amount $527,200, the current approved amount is $527,200. The loan was approved on 04/30/2020 by The Comerica Bank reported 64 jobs and $527,200 was used to fund payroll.

Anchor wiping cloth, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Anchor wiping cloth, inc.

ANCHOR WIPING CLOTH, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ANCHOR WIPING CLOTH, INC.

Borrower Address

3855 East Outer Drive

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48234-2936

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527200.00

Current Approval Amount

527200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48234-2936

CD

MI-13

Jobs Reported

64

NAICS Code

314120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421812.66

Mortgage Interest Proceed

105387.34

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

533804.64

Forgiveness Date

08/09/2021

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