PPP Loan information for Detroit furnace

$195,732

Detroit furnace was initially approved for PPP Loan of amount $195,732, the current approved amount is $195,732. The loan was approved on 04/30/2020 by The Square Capital, LLC reported 15 jobs and $195,732 was used to fund payroll.

Detroit furnace is Existing or more than 2 years old

PPP Loan Search / MI / Fraser / Detroit furnace

DETROIT FURNACE

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT FURNACE

Borrower Address

32221 Utica

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195731.64

Current Approval Amount

195731.64

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-0001

CD

MI-10

Jobs Reported

15

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24466.45

Payroll Proceed

146798.73

Mortgage Interest Proceed

24466.46

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198337.82

Forgiveness Date

08/31/2021

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