Repair Industries of Michigan, Inc.
$1,441,414 PPP Loan in Hamtramck, Michigan
Loan Details
- Loan Number
- 2433067104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,441,414
- Current Approval
- $1,441,414
- Forgiveness Amount
- $1,454,912
- Forgiveness Date
- Mar 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Repair Industries of Michigan, Inc.
- Address
- 6501 E. Mcnichols
- City
- Hamtramck
- State
- Michigan
- ZIP Code
- 48212-2027
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 79
- Estimated Revenue
- $17.0M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $1,208,118
- Rent
- $61,500
- Utilities
- $37,864
- Health Care
- $133,932
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Hamtramck, MI
| Business | Approved | |
|---|---|---|
| Caramagno Foods Company | $1,701,765 | |
| Leonard Fountain Special., INC | $1,259,054 | |
| Colonial Health Care Center, LLC | $1,245,881 | |
| Caniff Electric Supply Co., INC | $1,127,400 | |
| Kowalski Companies Inc. | $993,740 |
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