PPP Loan information for Detroit furniture inc.

$48,694

Detroit furniture inc. was initially approved for PPP Loan of amount $48,694, the current approved amount is $48,694. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $48,694 was used to fund payroll.

Detroit furniture inc. is New Business or 2 years or less

PPP Loan Search / MI / DEARBORN / Detroit furniture inc.

DETROIT FURNITURE INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT FURNITURE INC.

Borrower Address

6200 MILLER RD

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48126

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48694.00

Current Approval Amount

48694.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48126-0001

CD

MI-12

Jobs Reported

11

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48694.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49106.23

Forgiveness Date

03/10/2021

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