PPP Loan information for Aalborz chemical llc

$580,500

Aalborz chemical llc was initially approved for PPP Loan of amount $580,500, the current approved amount is $580,500. The loan was approved on 04/27/2020 by The Comerica Bank reported 47 jobs and $580,500 was used to fund payroll.

Aalborz chemical llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Aalborz chemical llc

AALBORZ CHEMICAL LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AALBORZ CHEMICAL LLC

Borrower Address

2240 29th Street SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49508-1560

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580500.00

Current Approval Amount

580500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49508-1560

CD

MI-03

Jobs Reported

47

NAICS Code

424690

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464430.00

Mortgage Interest Proceed

116070.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

587691.75

Forgiveness Date

07/21/2021

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