The Detroit Institute of Arts
$3,965,625 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 2878407102
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,965,625
- Current Approval
- $3,965,625
- Forgiveness Amount
- $3,742,194
- Forgiveness Date
- Jan 28, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Detroit Institute of Arts
- Address
- 5200 Woodward Ave 0.0
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48202-4008
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Arts, Entertainment, and Recreation (712110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 393
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $3,297,963
- Utilities
- $200,000
- Health Care
- $467,662
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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