PPP Loan information for Detroit hoist & crane co llc

$649,129

Detroit hoist & crane co llc was initially approved for PPP Loan of amount $649,129, the current approved amount is $649,129. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 44 jobs and $649,129 was used to fund payroll.

Detroit hoist & crane co llc is New Business or 2 years or less

DETROIT HOIST & CRANE CO LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT HOIST & CRANE CO LLC

Borrower Address

6650 Sterling Dr N

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48312

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

649129.00

Current Approval Amount

649129.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48312-0899

CD

MI-10

Jobs Reported

44

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

649129.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

654428.74

Forgiveness Date

03/03/2021

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