PPP Loan information for Detroit achievement academy

$524,200

Detroit achievement academy was initially approved for PPP Loan of amount $524,200, the current approved amount is $524,200. The loan was approved on 06/29/2020 by The First Merchants Bank reported 49 jobs and $524,200 was used to fund payroll.

Detroit achievement academy is Unanswered

PPP Loan Search / MI / DETROIT / Detroit achievement academy

DETROIT ACHIEVEMENT ACADEMY

Date Approved

06/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT ACHIEVEMENT ACADEMY

Borrower Address

7000 W. OUTER DR

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48235-3166

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524200.00

Current Approval Amount

524200.00

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48235-3166

CD

MI-12

Jobs Reported

49

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524200.00

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

Non-Profit Organization

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

526009.57

Forgiveness Date

11/05/2020

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