PPP Loan information for Major cement company

$3,953,500

Major cement company was initially approved for PPP Loan of amount $3,953,500, the current approved amount is $3,953,500. The loan was approved on 04/27/2020 by The Community Choice CU reported 169 jobs and $3,953,500 was used to fund payroll.

Major cement company is Existing or more than 2 years old

MAJOR CEMENT COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAJOR CEMENT COMPANY

Borrower Address

15430 Dale Street

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48223

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3953500.00

Current Approval Amount

3953500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48223-0001

CD

MI-12

Jobs Reported

169

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3953500.00

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

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3997867.06

Forgiveness Date

06/16/2021

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