PPP Loan information for Detroit spectrum painters inc

$1,052,855

Detroit spectrum painters inc was initially approved for PPP Loan of amount $1,052,855, the current approved amount is $1,052,855. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 72 jobs and $1,052,855 was used to fund payroll.

Detroit spectrum painters inc is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Detroit spectrum painters inc

DETROIT SPECTRUM PAINTERS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT SPECTRUM PAINTERS INC

Borrower Address

27560 COLLEGE PARK DRIVE

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48088

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1052855.00

Current Approval Amount

1052855.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48088-0899

CD

MI-10

Jobs Reported

72

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

920855.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

114000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

1064204.78

Forgiveness Date

06/02/2021

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