PPP Loan information for Detroit radiant products company

$610,700

Detroit radiant products company was initially approved for PPP Loan of amount $610,700, the current approved amount is $610,700. The loan was approved on 02/03/2021 by The Comerica Bank reported 82 jobs and $610,700 was used to fund payroll.

Detroit radiant products company is Existing or more than 2 years old

DETROIT RADIANT PRODUCTS COMPANY

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT RADIANT PRODUCTS COMPANY

Borrower Address

21400 Hoover Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-3162

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

610700.00

Current Approval Amount

610700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3162

CD

MI-10

Jobs Reported

82

NAICS Code

333414

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

610698.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

617824.83

Forgiveness Date

04/05/2022

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