PPP Loan information for Ability works rehab services, llc

$823,627

Ability works rehab services, llc was initially approved for PPP Loan of amount $823,627, the current approved amount is $823,627. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $823,627 was used to fund payroll.

Ability works rehab services, llc is Existing or more than 2 years old

ABILITY WORKS REHAB SERVICES, LLC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ABILITY WORKS REHAB SERVICES, LLC

Borrower Address

28592 ORCHARD LAKE RD STE 300

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

823627.00

Current Approval Amount

823627.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-0899

CD

MI-11

Jobs Reported

48

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9526.00

Payroll Proceed

740887.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65214.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

832057.28

Forgiveness Date

04/29/2021

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