Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
DROPSA USA INC
Borrower Address
6645 BURROUGHS AVE
Borrower City
STERLING HEIGHTS
Borrower State
MI
Borrower Zip
48314-2132
Loan Status Date
01/22/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
266436.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
27569
Servicing Lender Name
Stock Yards Bank & Trust Company
Servicing Lender Address
1040 E Main St
Servicing Lender City
LOUISVILLE
Servicing Lender State
KY
Servicing Lender Zip
40206-1856
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
18
NAICS Code
423990
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
269195.26
Forgiveness Date
05/13/2021