PPP Loan information for Russo management, inc.

$535,800

Russo management, inc. was initially approved for PPP Loan of amount $535,800, the current approved amount is $535,800. The loan was approved on 04/29/2020 by The Comerica Bank reported 26 jobs and $535,800 was used to fund payroll.

Russo management, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Russo management, inc.

RUSSO MANAGEMENT, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RUSSO MANAGEMENT, INC.

Borrower Address

7201 West Fort Street Room 1

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48209-4100

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

535800.00

Current Approval Amount

535800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

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

48209-4100

CD

MI-13

Jobs Reported

26

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

428695.64

Mortgage Interest Proceed

107104.36

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

541277.07

Forgiveness Date

05/10/2021

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