Date Approved
05/19/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
DOWNS DIVERSITY INITIATIVES, LLC
Borrower Address
459 W Troy St
Borrower City
Ferndale
Borrower State
MI
Borrower Zip
48220-3306
Loan Status Date
02/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
9814.80
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98837
Servicing Lender Name
Michigan First CU
Servicing Lender Address
27000 Evergreen Rd
Servicing Lender City
LATHRUP VILLAGE
Servicing Lender State
Servicing Lender Zip
48076-3231
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
1
NAICS Code
541618
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
9875.87
Forgiveness Date
01/06/2022