PPP Loan information for Detroit speed, inc.

$588,388

Detroit speed, inc. was initially approved for PPP Loan of amount $588,388, the current approved amount is $588,388. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 53 jobs and $588,388 was used to fund payroll.

Detroit speed, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / Detroit speed, inc.

DETROIT SPEED, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DETROIT SPEED, INC.

Borrower Address

185 MCKENZIE RD

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115-7976

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588387.50

Current Approval Amount

588387.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28115-7976

CD

NC-10

Jobs Reported

53

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588387.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

582032.13

Forgiveness Date

12/08/2020

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