PPP Loan information for Michigan carbide tech, inc.

$109,282

Michigan carbide tech, inc. was initially approved for PPP Loan of amount $109,282, the current approved amount is $109,282. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 9 jobs and $109,282 was used to fund payroll.

Michigan carbide tech, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Michigan carbide tech, inc.

MICHIGAN CARBIDE TECH, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN CARBIDE TECH, INC.

Borrower Address

1263 SOUTER DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109282.00

Current Approval Amount

109282.00

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

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

9

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18940.00

Payroll Proceed

43713.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26629.00

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

110358.91

Forgiveness Date

04/29/2021

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