PPP Loan information for Detroit cornice & slate company inc.

$385,000

Detroit cornice & slate company inc. was initially approved for PPP Loan of amount $385,000, the current approved amount is $385,000. The loan was approved on 01/31/2021 by The First Merchants Bank reported 11 jobs and $385,000 was used to fund payroll.

Detroit cornice & slate company inc. is Existing or more than 2 years old

DETROIT CORNICE & SLATE COMPANY INC.

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT CORNICE & SLATE COMPANY INC.

Borrower Address

1315 Academy St

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2001

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385000.00

Current Approval Amount

385000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

48220-2001

CD

MI-11

Jobs Reported

11

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

384998.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388491.37

Forgiveness Date

01/06/2022

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