PPP Loan information for Down river alignment, inc.

$116,400

Down river alignment, inc. was initially approved for PPP Loan of amount $116,400, the current approved amount is $116,400. The loan was approved on 04/11/2020 by The First Merchants Bank reported 17 jobs and $116,400 was used to fund payroll.

Down river alignment, inc. is Existing or more than 2 years old

DOWN RIVER ALIGNMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOWN RIVER ALIGNMENT, INC.

Borrower Address

3068 FORT ST

Borrower City

LINCOLN PARK

Borrower State

MI

Borrower Zip

48146-2449

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116400.00

Current Approval Amount

116400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN PARK

Project County Name

WAYNE

Project State

MI

Project Zip

48146-2449

CD

MI-13

Jobs Reported

17

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116400.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117927.55

Forgiveness Date

08/10/2021

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