PPP Loan information for Delta research corporation

$1,775,225

Delta research corporation was initially approved for PPP Loan of amount $1,775,225, the current approved amount is $1,775,225. The loan was approved on 01/25/2021 by The First Merchants Bank reported 102 jobs and $1,775,225 was used to fund payroll.

Delta research corporation is Existing or more than 2 years old

DELTA RESEARCH CORPORATION

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DELTA RESEARCH CORPORATION

Borrower Address

32971 Capitol St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1705

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1775225.00

Current Approval Amount

1775225.00

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

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1705

CD

MI-12

Jobs Reported

102

NAICS Code

332721

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1775223.00

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

Subchapter S 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

1784903.62

Forgiveness Date

08/16/2021

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