Opel Systems INC

$587,902 PPP Loan in Troy, Michigan

Loan Details

Loan Number
8229907107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$587,902
Current Approval
$587,902
Forgiveness Amount
$595,936
Forgiveness Date
Sep 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Opel Systems INC
Address
3221 W Big Beaver Rd Ste 100
City
Troy
ZIP Code
48084
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$509,300
Rent
$21,360
Utilities
$2,187
Health Care
$55,055

Lender Information

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

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