# PPP loan: DETROIT DEVELOPMENT FUND
> **$196K** approved 03/12/2021 · Paid in Full · Loan `1000168607`
## Borrower
- **Name:** DETROIT DEVELOPMENT FUND
- **Address:** 3031 W Grand Blvd Ste 505, Detroit, MI, 48202-3082
- **NAICS:** 522320
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $180K (92%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*