PPP Loan information for Opel systems inc

$587,902

Opel systems inc was initially approved for PPP Loan of amount $587,902, the current approved amount is $587,902. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $587,902 was used to fund payroll.

Opel systems inc is Existing or more than 2 years old

OPEL SYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OPEL SYSTEMS INC

Borrower Address

3221 W BIG BEAVER RD STE 100

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587902.00

Current Approval Amount

587902.00

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

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

45

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2187.00

Payroll Proceed

509300.00

Mortgage Interest Proceed

0.00

Rent Proceed

21360.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55055.00

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

595936.01

Forgiveness Date

09/01/2021

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