# PPP loan: DETROITS RED LIGHT DISTRICT 2
> **$421K** approved 08/07/2020 · Charged Off · Loan `5152558200`
## Borrower
- **Name:** DETROITS RED LIGHT DISTRICT 2
- **Address:** 26400 W 8 MILE ROAD, SOUTHFIELD, MI, 48033-5980
- **NAICS:** 337110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $421K
- **Jobs reported:** 24
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*