PPP Loan information for Detroit dismantling corporation

$500,000

Detroit dismantling corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $500,000 was used to fund payroll.

Detroit dismantling corporation is New Business or 2 years or less

PPP Loan Search / MI / DETROIT / Detroit dismantling corporation

DETROIT DISMANTLING CORPORATION

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT DISMANTLING CORPORATION

Borrower Address

13840 INTERVALE ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48227-3155

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48227-3155

CD

MI-12

Jobs Reported

30

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504383.56

Forgiveness Date

03/25/2021

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