PPP Loan information for United towing inc

$375,000

United towing inc was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $375,000 was used to fund payroll.

United towing inc is Existing or more than 2 years old

UNITED TOWING INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNITED TOWING INC

Borrower Address

601 WOODCREST DR

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48124

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

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

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48124-0001

CD

MI-12

Jobs Reported

48

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

350000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

2500

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

;