Date Approved
04/04/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
GREATER DETROIT AUTO AUCTION, LLC
Borrower Address
19865 TELEGRAPH RD
Borrower City
ROMULUS
Borrower State
MI
Borrower Zip
48174-9305
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
131600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33734
Servicing Lender Name
Eastern Michigan Bank
Servicing Lender Address
65 N Howard Ave
Servicing Lender City
CROSWELL
Servicing Lender State
Servicing Lender Zip
48422-1222
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-06
Jobs Reported
19
NAICS Code
423110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2600.00
Payroll Proceed
129000.00
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
132609.53
Forgiveness Date
01/20/2021