PPP Loan information for Detroit shoreway community development corporation

$421,200

Detroit shoreway community development corporation was initially approved for PPP Loan of amount $421,200, the current approved amount is $421,200. The loan was approved on 04/05/2020 by The First Federal Savings & Loan Association of Lakewood reported 41 jobs and $421,200 was used to fund payroll.

Detroit shoreway community development corporation is Existing or more than 2 years old

DETROIT SHOREWAY COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

DETROIT SHOREWAY COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

6516 Detroit Avenue Suite 1

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44102-3014

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421200.00

Current Approval Amount

421200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81934

Servicing Lender Name

First Federal Savings & Loan Association of Lakewood

Servicing Lender Address

14806 Detroit Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

OH

Servicing Lender Zip

44107-3910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44102-3014

CD

OH-11

Jobs Reported

41

NAICS Code

531390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421200.00

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

81934

Originating Lender

First Federal Savings & Loan Association of Lakewood

Originating Lender City

LAKEWOOD

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

427026.60

Forgiveness Date

09/01/2021

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