PPP Loan information for Dependable retreading inc

$392,687

Dependable retreading inc was initially approved for PPP Loan of amount $392,687, the current approved amount is $392,687. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 31 jobs and $392,687 was used to fund payroll.

Dependable retreading inc is New Business or 2 years or less

PPP Loan Search / MI / Warren / Dependable retreading inc

DEPENDABLE RETREADING INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEPENDABLE RETREADING INC

Borrower Address

12300 Stephens Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392687.00

Current Approval Amount

392687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-0899

CD

MI-10

Jobs Reported

31

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392687.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395269.05

Forgiveness Date

12/31/2020

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