PPP Loan information for Saalg river inc

$152,500

Saalg river inc was initially approved for PPP Loan of amount $152,500, the current approved amount is $152,500. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 32 jobs and $152,500 was used to fund payroll.

Saalg river inc is New Business or 2 years or less

SAALG RIVER INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAALG RIVER INC

Borrower Address

32435 GRAND RIVER AVE

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48336

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

152500.00

Current Approval Amount

152500.00

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

New Business or 2 years or less

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-0899

CD

MI-11

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11500.00

Payroll Proceed

122000.00

Mortgage Interest Proceed

0.00

Rent Proceed

19000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

0.00

Forgiveness Date

;