J & P Auto Electric Inc.

$74,630 PPP Loan in Clinton Twp, Michigan

Loan Details

Loan Number
3195137709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$74,630
Current Approval
$74,630
Forgiveness Amount
$75,309
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J & P Auto Electric Inc.
Address
37521 Groesbeck
ZIP Code
48036
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$50,630
Rent
$12,000
Utilities
$3,000
Health Care
$9,000

Lender Information

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

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