PPP Loan information for Politan group

$449,980

Politan group was initially approved for PPP Loan of amount $449,980, the current approved amount is $449,980. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 63 jobs and $449,980 was used to fund payroll.

Politan group is Existing or more than 2 years old

POLITAN GROUP

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POLITAN GROUP

Borrower Address

2401 St. Claude Ave. 0.0

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70117-8352

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449980.00

Current Approval Amount

449980.00

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

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70117-8352

CD

LA-02

Jobs Reported

63

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44998.00

Payroll Proceed

337485.00

Mortgage Interest Proceed

0.00

Rent Proceed

44998.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22499.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

455700.50

Forgiveness Date

07/22/2021

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