PPP Loan information for Detroit dismantling corporation

$980,857

Detroit dismantling corporation was initially approved for PPP Loan of amount $980,857, the current approved amount is $980,857. The loan was approved on 02/11/2021 by The Bank of America, National Association reported 36 jobs and $980,857 was used to fund payroll.

Detroit dismantling corporation is Existing or more than 2 years old

DETROIT DISMANTLING CORPORATION

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT DISMANTLING CORPORATION

Borrower Address

13840 Intervale St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48227-3155

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

980857.00

Current Approval Amount

980857.00

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

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48227-3155

CD

MI-12

Jobs Reported

36

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

980852.00

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

987198.98

Forgiveness Date

10/06/2021

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