PPP Loan information for Detroit tools and hardware

$83,000

Detroit tools and hardware was initially approved for PPP Loan of amount $83,000, the current approved amount is $83,000. The loan was approved on 02/08/2021 by The Citizens Bank, National Association reported 5 jobs and $83,000 was used to fund payroll.

Detroit tools and hardware is Existing or more than 2 years old

DETROIT TOOLS AND HARDWARE

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT TOOLS AND HARDWARE

Borrower Address

7841 W Morrow Cir

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48126-1156

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83000.00

Current Approval Amount

83000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48126-1156

CD

MI-12

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82994.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25358.36

Forgiveness Date

03/29/2022

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