PPP Loan information for Detroit edge tool company

$964,350

Detroit edge tool company was initially approved for PPP Loan of amount $964,350, the current approved amount is $964,350. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 65 jobs and $964,350 was used to fund payroll.

Detroit edge tool company is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Detroit edge tool company

DETROIT EDGE TOOL COMPANY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT EDGE TOOL COMPANY

Borrower Address

6570 E Nevada Street

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48234

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964350.00

Current Approval Amount

964350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

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

48234-0001

CD

MI-13

Jobs Reported

65

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

964350.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

971747.75

Forgiveness Date

01/28/2021

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