PPP Loan information for The industrial technology institute

$937,000

The industrial technology institute was initially approved for PPP Loan of amount $937,000, the current approved amount is $937,000. The loan was approved on 04/30/2020 by The Comerica Bank reported 55 jobs and $937,000 was used to fund payroll.

The industrial technology institute is Existing or more than 2 years old

PPP Loan Search / MI / Plymouth / The industrial technology institute

THE INDUSTRIAL TECHNOLOGY INSTITUTE

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE INDUSTRIAL TECHNOLOGY INSTITUTE

Borrower Address

45501 Helm Street

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170-6047

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

937000.00

Current Approval Amount

937000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-6047

CD

MI-06

Jobs Reported

55

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

749624.00

Mortgage Interest Proceed

187376.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

498419.36

Forgiveness Date

07/09/2021

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