PPP Loan information for Detroit recovery project inc.

$282,031

Detroit recovery project inc. was initially approved for PPP Loan of amount $282,031, the current approved amount is $282,031. The loan was approved on 02/09/2021 by The Public Service CU reported 35 jobs and $282,031 was used to fund payroll.

Detroit recovery project inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Detroit recovery project inc.

DETROIT RECOVERY PROJECT INC.

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT RECOVERY PROJECT INC.

Borrower Address

1121 E McNichols Rd

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48203-2857

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282031.00

Current Approval Amount

282031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99530

Servicing Lender Name

Public Service CU

Servicing Lender Address

7665 Merriman Rd

Servicing Lender City

ROMULUS

Servicing Lender State

MI

Servicing Lender Zip

48174-1920

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48203-2857

CD

MI-13

Jobs Reported

35

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

282030.00

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

Non-Profit Organization

Originating Lender Location Id

99530

Originating Lender

Public Service CU

Originating Lender City

ROMULUS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

283166.96

Forgiveness Date

07/08/2021

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