PPP Loan information for Residential options inc.

$1,691,950

Residential options inc. was initially approved for PPP Loan of amount $1,691,950, the current approved amount is $1,691,950. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 305 jobs and $1,691,950 was used to fund payroll.

Residential options inc. is Existing or more than 2 years old

RESIDENTIAL OPTIONS INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RESIDENTIAL OPTIONS INC.

Borrower Address

2400 SCIENCE PKWY

Borrower City

OKEMOS

Borrower State

MI

Borrower Zip

48864

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1691950.00

Current Approval Amount

1691950.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

OKEMOS

Project County Name

INGHAM

Project State

MI

Project Zip

48864-0300

CD

MI-07

Jobs Reported

305

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8250.00

Payroll Proceed

1610450.00

Mortgage Interest Proceed

9500.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41250.00

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

1701323.43

Forgiveness Date

08/05/2021

;