PPP Loan information for Michigan wound care and hyperbaric inst

$132,500

Michigan wound care and hyperbaric inst was initially approved for PPP Loan of amount $132,500, the current approved amount is $132,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $132,500 was used to fund payroll.

Michigan wound care and hyperbaric inst is Existing or more than 2 years old

MICHIGAN WOUND CARE AND HYPERBARIC INST

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN WOUND CARE AND HYPERBARIC INST

Borrower Address

24111 SOUTHFIELD RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132500.00

Current Approval Amount

132500.00

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

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-0899

CD

MI-12

Jobs Reported

12

NAICS Code

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

106000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5500.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134065.41

Forgiveness Date

07/12/2021

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