PPP Loan information for Darmann abrasive products inc

$602,500

Darmann abrasive products inc was initially approved for PPP Loan of amount $602,500, the current approved amount is $602,500. The loan was approved on 04/07/2021 by The TD Bank, National Association reported 61 jobs and $602,500 was used to fund payroll.

Darmann abrasive products inc is Existing or more than 2 years old

DARMANN ABRASIVE PRODUCTS INC

Date Approved

04/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DARMANN ABRASIVE PRODUCTS INC

Borrower Address

100 Sterling St

Borrower City

Clinton

Borrower State

MA

Borrower Zip

01510-1914

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

602500.00

Current Approval Amount

602500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

WORCESTER

Project State

MA

Project Zip

01510-1914

CD

MA-03

Jobs Reported

61

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

602498.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

605763.54

Forgiveness Date

10/21/2021

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