Detroit Furnace

$195,732 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
6367727307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$195,732
Current Approval
$195,732
Forgiveness Amount
$198,338
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Detroit Furnace
Address
32221 Utica
City
Fraser
ZIP Code
48026
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$146,799
Utilities
$24,466
Mortgage Interest
$24,466

Lender Information

Servicing Lender
Square Capital, LLC
Originating Lender
Celtic Bank Corporation

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