# PPP loan: DETROIT TRADING CO
> **$615K** approved 04/10/2020 · Paid in Full · Loan `1601807107`
## Borrower
- **Name:** DETROIT TRADING CO
- **Address:** 670 S OLD WOODWARD AVE, BIRMINGHAM, MI, 48009
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Jobs reported:** 38
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*