Crain Communications Inc.
$10,000,000 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 9909637009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,143,733
- Forgiveness Date
- Sep 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Crain Communications Inc.
- Address
- 1155 Gratiot Avenue 0.0
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48207-2732
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Information (511120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $84.0M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $9,000,000
- Rent
- $400,000
- Health Care
- $500,000
- Mortgage Interest
- $100,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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