PPP Loan information for Detroit management corp

$410,546

Detroit management corp was initially approved for PPP Loan of amount $410,546, the current approved amount is $410,546. The loan was approved on 02/07/2021 by The Loan Source Incorporated reported 53 jobs and $410,546 was used to fund payroll.

Detroit management corp is Existing or more than 2 years old

DETROIT MANAGEMENT CORP

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT MANAGEMENT CORP

Borrower Address

712 Cass Ave

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48226-3114

Loan Status Date

02/16/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

410546.00

Current Approval Amount

410546.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48226-3114

CD

MI-13

Jobs Reported

53

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

410540.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

418441.98

Forgiveness Date

01/20/2023

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