PPP Loan information for Developrise llc

$304,970

Developrise llc was initially approved for PPP Loan of amount $304,970, the current approved amount is $304,970. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 24 jobs and $304,970 was used to fund payroll.

Developrise llc is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Developrise llc

DEVELOPRISE LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEVELOPRISE LLC

Borrower Address

37000 Grand River Avenue Suite 350

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335-2802

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304970.00

Current Approval Amount

304970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2802

CD

MI-11

Jobs Reported

24

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304970.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307940.65

Forgiveness Date

04/27/2021

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