Detroit Manufacturing Systems Toledo and Non-Automotive, LLC
$3,635,752 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 1090417105
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,635,752
- Current Approval
- $1,814,338
- Forgiveness Amount
- $1,853,998
- Forgiveness Date
- Jun 23, 2022
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Detroit Manufacturing Systems Toledo and Non-Automotive, LLC
- Address
- 12701 Southfield Road Building a
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48223-3599
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (336360)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 393
- Estimated Revenue
- $102.9M
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $1,190,182
- Rent
- $337,891
- Utilities
- $36,265
- Health Care
- $250,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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| Ideal Contracting L.l.c. | $10,000,000 | Research |
| Detroit Manufacturing Systems, LLC | $10,000,000 | Research |
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