As part of the Paycheck Protection Program PROMISE SCHOOLS was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PROMISE SCHOOLS


Loan Amount	$1,169,000
BusinessName	PROMISE SCHOOLS
Address	15000 Trojan St
City	Detroit
State	MI
Zip	48235
NAICSCode	611710
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	97
DateApproved	04/27/2020
Lender	CRF Small Business Loan Company, LLC
CD	MI-14
BusinessName.clean	PROMISE SCHOOLS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PROMO SHOP
PROMOBOXX
PROMODEL
PROMONTORY DEVELOPMENT
PROMOTION HOLDING CO