PPP Loan information for American community developers inc.

$565,240

American community developers inc. was initially approved for PPP Loan of amount $565,240, the current approved amount is $565,240. The loan was approved on 01/29/2021 by The KeyBank National Association reported 45 jobs and $565,240 was used to fund payroll.

American community developers inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / American community developers inc.

AMERICAN COMMUNITY DEVELOPERS INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN COMMUNITY DEVELOPERS INC.

Borrower Address

20250 Harper Ave

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48225-1713

Loan Status Date

02/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

565240.00

Current Approval Amount

565240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48225-1713

CD

MI-13

Jobs Reported

45

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

565237.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

571465.38

Forgiveness Date

03/28/2022

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