PPP Loan information for Detroit muffler and brakes inc.

$15,237

Detroit muffler and brakes inc. was initially approved for PPP Loan of amount $15,237, the current approved amount is $15,237. The loan was approved on 05/02/2020 by The Bank of America, National Association reported 5 jobs and $15,237 was used to fund payroll.

Detroit muffler and brakes inc. is New Business or 2 years or less

DETROIT MUFFLER AND BRAKES INC.

Date Approved

05/02/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT MUFFLER AND BRAKES INC.

Borrower Address

5173 E 8 MILE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091-2840

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15237.00

Current Approval Amount

15237.00

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

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-2840

CD

MI-10

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15237.00

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

15430.70

Forgiveness Date

08/12/2021

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