Invest Detroit Foundation
$733,422 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 1428727102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $733,422
- Current Approval
- $733,422
- Forgiveness Amount
- $748,715
- Forgiveness Date
- May 17, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Invest Detroit Foundation
- Address
- 600 Renaissance Center, Suite 1710 0.0
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48243-1802
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Finance and Insurance (522298)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $657,422
- Utilities
- $2,000
- Mortgage Interest
- $14,000
- Debt Interest
- $60,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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