PPP Loan information for Danforth industries inc.

$555,697

Danforth industries inc. was initially approved for PPP Loan of amount $555,697, the current approved amount is $555,697. The loan was approved on 02/10/2021 by The The Huntington National Bank reported 75 jobs and $555,697 was used to fund payroll.

Danforth industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Danforth industries inc.

DANFORTH INDUSTRIES INC.

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DANFORTH INDUSTRIES INC.

Borrower Address

33533 Mound Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-6527

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

555697.00

Current Approval Amount

555697.00

Undisbursed Amount

0.00

Franchise Name

Everdry Marketing & Management d/b/a Everdry Waterproofing

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-6527

CD

MI-10

Jobs Reported

75

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

555692.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

561147.40

Forgiveness Date

02/07/2022

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