PPP Loan information for Storch products company, inc.

$301,347

Storch products company, inc. was initially approved for PPP Loan of amount $301,347, the current approved amount is $301,347. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 280 jobs and $301,347 was used to fund payroll.

Storch products company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LIVONIA / Storch products company, inc.

STORCH PRODUCTS COMPANY, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STORCH PRODUCTS COMPANY, INC.

Borrower Address

11827 GLOBE RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301347.00

Current Approval Amount

301347.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1000

CD

MI-12

Jobs Reported

280

NAICS Code

334613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2300.00

Payroll Proceed

271047.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28000.00

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

303397.83

Forgiveness Date

01/07/2021

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