PPP Loan information for Elderly instruments, inc.

$474,712

Elderly instruments, inc. was initially approved for PPP Loan of amount $474,712, the current approved amount is $474,712. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 40 jobs and $474,712 was used to fund payroll.

Elderly instruments, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Elderly instruments, inc.

ELDERLY INSTRUMENTS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELDERLY INSTRUMENTS, INC.

Borrower Address

1100 N WASHINGTON AVE

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474712.00

Current Approval Amount

474712.00

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

LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48906-1000

CD

MI-07

Jobs Reported

40

NAICS Code

451140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14365.50

Payroll Proceed

418203.05

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30143.45

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

480113.70

Forgiveness Date

06/24/2021

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