PPP Loan information for General linen supply co

$891,372

General linen supply co was initially approved for PPP Loan of amount $891,372, the current approved amount is $891,372. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 109 jobs and $891,372 was used to fund payroll.

General linen supply co is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / General linen supply co

GENERAL LINEN SUPPLY CO

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENERAL LINEN SUPPLY CO

Borrower Address

411 Piquette

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48202

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891372.00

Current Approval Amount

891372.00

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

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48202-0001

CD

MI-13

Jobs Reported

109

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

122004.00

Payroll Proceed

613961.00

Mortgage Interest Proceed

21000.00

Rent Proceed

12344.00

Refinance EIDL Proceed

0.00

Health Care Proceed

122063.00

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

903213.38

Forgiveness Date

08/12/2021

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