PPP Loan information for Detroits red light district 2

$421,030

Detroits red light district 2 was initially approved for PPP Loan of amount $421,030, the current approved amount is $421,030. The loan was approved on 08/07/2020 by The Cache Valley Bank reported 24 jobs and $421,030 was used to fund payroll.

Detroits red light district 2 is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Detroits red light district 2

DETROITS RED LIGHT DISTRICT 2

Date Approved

08/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROITS RED LIGHT DISTRICT 2

Borrower Address

26400 W 8 MILE ROAD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48033-5980

Loan Status Date

09/08/2020

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

421030.00

Current Approval Amount

421030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-5980

CD

MI-12

Jobs Reported

24

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421030.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;