Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
DETROIT GUITAR LLC
Borrower Address
393 E. Frank St.
Borrower City
Birmingham
Borrower State
MI
Borrower Zip
48009
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
20600.00
Current Approval Amount
34300.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36187
Servicing Lender Name
Bank Michigan
Servicing Lender Address
417 S Main St
Servicing Lender City
BROOKLYN
Servicing Lender State
Servicing Lender Zip
49230-8616
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
48009-0899
CD
MI-11
Jobs Reported
4
NAICS Code
711130
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
27440.00
Mortgage Interest Proceed
Rent Proceed
6860.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
27451.83
Forgiveness Date
11/27/2020