PPP Loan information for Detroit air and electric tool service, inc

$50,700

Detroit air and electric tool service, inc was initially approved for PPP Loan of amount $50,700, the current approved amount is $50,700. The loan was approved on 04/29/2020 by The Citizens Bank, National Association reported 5 jobs and $50,700 was used to fund payroll.

Detroit air and electric tool service, inc is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Detroit air and electric tool service, inc

DETROIT AIR AND ELECTRIC TOOL SERVICE, INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT AIR AND ELECTRIC TOOL SERVICE, INC

Borrower Address

3275 Hilton Rd

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50700.00

Current Approval Amount

50700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-0001

CD

MI-11

Jobs Reported

5

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51220.89

Forgiveness Date

05/17/2021

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