PPP Loan information for Detroit optical co.

$180,187

Detroit optical co. was initially approved for PPP Loan of amount $180,187, the current approved amount is $180,187. The loan was approved on 04/28/2020 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 18 jobs and $180,187 was used to fund payroll.

Detroit optical co. is Existing or more than 2 years old

PPP Loan Search / MI / ROYAL OAK / Detroit optical co.

DETROIT OPTICAL CO.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT OPTICAL CO.

Borrower Address

32987 Woodward Avenue

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48073-0958

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180187.00

Current Approval Amount

180187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48073-0958

CD

MI-11

Jobs Reported

18

NAICS Code

446130

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

155187.00

Mortgage Interest Proceed

21000.00

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

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181253.11

Forgiveness Date

12/08/2020

;