PPP Loan information for Majestic steel usa, inc.

$5,318,520

Majestic steel usa, inc. was initially approved for PPP Loan of amount $5,318,520, the current approved amount is $5,318,520. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 329 jobs and $5,318,520 was used to fund payroll.

Majestic steel usa, inc. is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / Majestic steel usa, inc.

MAJESTIC STEEL USA, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAJESTIC STEEL USA, INC.

Borrower Address

31099 Chagrin Blvd STE 150 0.0

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44124-5930

Loan Status Date

11/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5318520.00

Current Approval Amount

5318520.00

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

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44124-5930

CD

OH-11

Jobs Reported

329

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5104838.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

213682.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5392156.48

Forgiveness Date

10/14/2022

;