PPP Loan information for General linen supply company

$969,067

General linen supply company was initially approved for PPP Loan of amount $969,067, the current approved amount is $969,067. The loan was approved on 02/07/2021 by The JPMorgan Chase Bank, National Association reported 65 jobs and $969,067 was used to fund payroll.

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

GENERAL LINEN SUPPLY COMPANY

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GENERAL LINEN SUPPLY COMPANY

Borrower Address

411 Piquette St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48202-3547

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

969067.00

Current Approval Amount

969067.00

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

48202-3547

CD

MI-13

Jobs Reported

65

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

969062.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

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

981439.29

Forgiveness Date

05/24/2022

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