PPP Loan information for Young men's christian association of metropolitan detroit

$3,750,000

Young men's christian association of metropolitan detroit was initially approved for PPP Loan of amount $3,750,000, the current approved amount is $3,750,000. The loan was approved on 03/20/2021 by The First Merchants Bank reported 360 jobs and $3,750,000 was used to fund payroll.

Young men's christian association of metropolitan detroit is Existing or more than 2 years old

YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN DETROIT

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN DETROIT

Borrower Address

1401 Broadway St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48226-2112

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3750000.00

Current Approval Amount

3750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

48226-2112

CD

MI-13

Jobs Reported

360

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3749997.00

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

501(c)3 – Non Profit

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3773835.62

Forgiveness Date

11/12/2021

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