PPP Loan information for Detroit wholesale properties

$58,031

Detroit wholesale properties was initially approved for PPP Loan of amount $58,031, the current approved amount is $58,031. The loan was approved on 04/02/2021 by The Cross River Bank reported 5 jobs and $58,031 was used to fund payroll.

Detroit wholesale properties is Existing or more than 2 years old

DETROIT WHOLESALE PROPERTIES

Date Approved

04/02/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT WHOLESALE PROPERTIES

Borrower Address

27236 Southfield Rd

Borrower City

Lathrup Village

Borrower State

MI

Borrower Zip

48076-3400

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58031.00

Current Approval Amount

58031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lathrup Village

Project County Name

OAKLAND

Project State

MI

Project Zip

48076-3400

CD

MI-12

Jobs Reported

5

NAICS Code

531390

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58028.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58535.00

Forgiveness Date

02/17/2022

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