PPP Loan information for Detroit technical equipment company

$103,067

Detroit technical equipment company was initially approved for PPP Loan of amount $103,067, the current approved amount is $103,067. The loan was approved on 04/13/2020 by The Independent Bank reported 8 jobs and $103,067 was used to fund payroll.

Detroit technical equipment company is Existing or more than 2 years old

DETROIT TECHNICAL EQUIPMENT COMPANY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT TECHNICAL EQUIPMENT COMPANY

Borrower Address

1091 CENTRE RD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-2601

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103067.00

Current Approval Amount

103067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2601

CD

MI-11

Jobs Reported

8

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103067.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104010.13

Forgiveness Date

03/18/2021

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