PPP Loan information for Detroit chrome inc.

$977,700

Detroit chrome inc. was initially approved for PPP Loan of amount $977,700, the current approved amount is $977,700. The loan was approved on 03/16/2021 by The Comerica Bank reported 71 jobs and $977,700 was used to fund payroll.

Detroit chrome inc. is Existing or more than 2 years old

DETROIT CHROME INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT CHROME INC.

Borrower Address

7515 Lyndon St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48238-2481

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

977700.00

Current Approval Amount

977700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48238-2481

CD

MI-13

Jobs Reported

71

NAICS Code

332813

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

977700.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

985087.07

Forgiveness Date

12/15/2021

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