PPP Loan information for Industrial control repair, inc.

$1,790,000

Industrial control repair, inc. was initially approved for PPP Loan of amount $2,110,007, the current approved amount is $1,790,000. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 136 jobs and $1,790,000 was used to fund payroll.

Industrial control repair, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Industrial control repair, inc.

INDUSTRIAL CONTROL REPAIR, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL CONTROL REPAIR, INC.

Borrower Address

28601 Lorna Ave 0.0

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-3931

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2110007.00

Current Approval Amount

1790000.00

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

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48092-3931

CD

MI-10

Jobs Reported

136

NAICS Code

811219

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

48888.00

Payroll Proceed

1424531.00

Mortgage Interest Proceed

0.00

Rent Proceed

115288.00

Refinance EIDL Proceed

0.00

Health Care Proceed

201293.00

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

1820259.95

Forgiveness Date

12/22/2021

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