PPP Loan information for Development centers, inc.

$3,110,900

Development centers, inc. was initially approved for PPP Loan of amount $3,110,900, the current approved amount is $3,110,900. The loan was approved on 04/28/2020 by The immito, LLC reported 315 jobs and $3,110,900 was used to fund payroll.

Development centers, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Development centers, inc.

DEVELOPMENT CENTERS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEVELOPMENT CENTERS, INC.

Borrower Address

17421 Telegraph Road

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48219-3165

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3110900.00

Current Approval Amount

3110900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

521923

Servicing Lender Name

immito, LLC

Servicing Lender Address

12650 W. 64th Avenue Suite 474

Servicing Lender City

Arvada

Servicing Lender State

CO

Servicing Lender Zip

80004

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

48219-3165

CD

MI-12

Jobs Reported

315

NAICS Code

621420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3110900.00

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

521923

Originating Lender

immito, LLC

Originating Lender City

Arvada

Originating Lender State

CO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3145984.04

Forgiveness Date

06/15/2021

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