PPP Loan information for Detroit chemical and paper supply company

$256,300

Detroit chemical and paper supply company was initially approved for PPP Loan of amount $256,300, the current approved amount is $256,300. The loan was approved on 04/08/2020 by The Waterford Bank, National Association reported 20 jobs and $256,300 was used to fund payroll.

Detroit chemical and paper supply company is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Detroit chemical and paper supply company

DETROIT CHEMICAL AND PAPER SUPPLY COMPANY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT CHEMICAL AND PAPER SUPPLY COMPANY

Borrower Address

6990 MURTHUM AVE

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48092-1243

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256300.00

Current Approval Amount

256300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48092-1243

CD

MI-10

Jobs Reported

20

NAICS Code

423850

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4850.00

Payroll Proceed

215450.00

Mortgage Interest Proceed

4000.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258407.36

Forgiveness Date

02/09/2021

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