PPP Loan information for The elwood corporation

$409,135

The elwood corporation was initially approved for PPP Loan of amount $409,135, the current approved amount is $409,135. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 75 jobs and $409,135 was used to fund payroll.

The elwood corporation is Existing or more than 2 years old

THE ELWOOD CORPORATION

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE ELWOOD CORPORATION

Borrower Address

333 MADISON

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48226

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409135.00

Current Approval Amount

409135.00

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

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48226-0002

CD

MI-13

Jobs Reported

75

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11262.00

Payroll Proceed

325917.00

Mortgage Interest Proceed

0.00

Rent Proceed

25400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46556.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

399818.05

Forgiveness Date

03/31/2021

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