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Detroit Optical Co.

$180,187 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
1467127309
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$180,187
Current Approval
$180,187
Forgiveness Amount
$181,253
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Detroit Optical Co.
Address
32987 Woodward Avenue
City
Royal Oak
State
Michigan
ZIP Code
48073-0958
Business Type
Corporation
Industry (NAICS)
Retail Trade (446130)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$155,187
Utilities
$4,000
Mortgage Interest
$21,000

Lender Information

Servicing Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank
Originating Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank

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