PPP Loan information for Crain communications inc.

$10,000,000

Crain communications inc. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Crain communications inc. is Existing or more than 2 years old

CRAIN COMMUNICATIONS INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CRAIN COMMUNICATIONS INC.

Borrower Address

1155 Gratiot Avenue 0.0

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48207-2732

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48207-2732

CD

MI-13

Jobs Reported

500

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9000000.00

Mortgage Interest Proceed

100000.00

Rent Proceed

400000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500000.00

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

10143733.33

Forgiveness Date

09/21/2021

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