Elderly Instruments, Inc.

$474,712 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
2689447703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$474,712
Current Approval
$474,712
Forgiveness Amount
$480,114
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elderly Instruments, Inc.
Address
1100 N Washington Ave
ZIP Code
48906
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$418,203
Rent
$12,000
Utilities
$14,366
Health Care
$30,143

Lender Information

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

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