Standard Coating Inc.
$658,805 PPP Loan in Madison Heights, Michigan
Loan Details
- Loan Number
- 2544427206
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $658,805
- Current Approval
- $658,805
- Forgiveness Amount
- $663,827
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Standard Coating Inc.
- Address
- 32565 Dequindre Rd
- City
- Madison Heights
- State
- Michigan
- ZIP Code
- 48071
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424950)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 70
- Estimated Revenue
- $18.0M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $527,000
- Rent
- $32,000
- Utilities
- $60,450
- Health Care
- $39,355
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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