The Elwood Corporation
$598,664 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 7462768601
- Date Approved
- Mar 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $598,664
- Current Approval
- $598,664
- Forgiveness Amount
- $603,113
- Forgiveness Date
- Dec 23, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- The Elwood Corporation
- Address
- 333 Madison St
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48226-2254
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 97
- Estimated Revenue
- $17.2M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $598,660
- Utilities
- $1
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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| Business | Approved | |
|---|---|---|
| Crain Communications Inc. | $10,000,000 | |
| Midwest Steel, INC | $10,000,000 | |
| Ideal Contracting L.l.c. | $10,000,000 | |
| Detroit Manufacturing Systems, LLC | $10,000,000 | |
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