PPP Loan information for Detroit financial group, l.l.c.

$225,600

Detroit financial group, l.l.c. was initially approved for PPP Loan of amount $225,600, the current approved amount is $225,600. The loan was approved on 04/15/2020 by The First Merchants Bank reported 12 jobs and $225,600 was used to fund payroll.

Detroit financial group, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Detroit financial group, l.l.c.

DETROIT FINANCIAL GROUP, L.L.C.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT FINANCIAL GROUP, L.L.C.

Borrower Address

1345 Monroe NW Suite 132

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49505-4671

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225600.00

Current Approval Amount

225600.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49505-4671

CD

MI-03

Jobs Reported

12

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227738.56

Forgiveness Date

03/31/2021

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