Colonial Rest Home, Inc. DBA the Carriage House of Bay City

$889,920 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
2510347709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$889,920
Current Approval
$889,920
Forgiveness Amount
$901,887
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Rest Home, Inc. DBA the Carriage House of Bay City
Address
2394 Midland Rd
ZIP Code
48706
Business Type
Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$735,518
Utilities
$40,000
Health Care
$75,000
Mortgage Interest
$24,000
Debt Interest
$15,402

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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