Date Approved
03/23/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
DETROIT RESOURCES INC.
Borrower Address
11111 Hall Rd
Borrower City
Utica
Borrower State
MI
Borrower Zip
48317-5711
Loan Status Date
07/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
409302.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
499141
Servicing Lender Name
Readycap Lending, LLC
Servicing Lender Address
200 Connell Drive Suite 4000
Servicing Lender City
BERKELEY HEIGHTS
Servicing Lender State
NJ
Servicing Lender Zip
07922
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
31
NAICS Code
541990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
409300.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
414269.69
Forgiveness Date
06/16/2022