PPP Loan information for Repair industries of michigan inc.

$1,542,687

Repair industries of michigan inc. was initially approved for PPP Loan of amount $1,542,687, the current approved amount is $1,542,687. The loan was approved on 02/24/2021 by The JPMorgan Chase Bank, National Association reported 79 jobs and $1,542,687 was used to fund payroll.

Repair industries of michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Repair industries of michigan inc.

REPAIR INDUSTRIES OF MICHIGAN INC.

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REPAIR INDUSTRIES OF MICHIGAN INC.

Borrower Address

6501 E McNichols Rd

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48212-2027

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1542687.00

Current Approval Amount

1542687.00

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

48212-2027

CD

MI-13

Jobs Reported

79

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1542686.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1557889.32

Forgiveness Date

02/23/2022

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