PPP Loan information for Daman products company inc

$1,447,000

Daman products company inc was initially approved for PPP Loan of amount $1,718,400, the current approved amount is $1,447,000. The loan was approved on 04/10/2020 by The 1st Source Bank reported 139 jobs and $1,447,000 was used to fund payroll.

Daman products company inc is Existing or more than 2 years old

DAMAN PRODUCTS COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DAMAN PRODUCTS COMPANY INC

Borrower Address

1811 N Home St

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-7267

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1718400.00

Current Approval Amount

1447000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-7267

CD

IN-02

Jobs Reported

139

NAICS Code

332912

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1447000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1455079.08

Forgiveness Date

11/03/2020

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