PPP Loan information for Darrow inc

$500,000

Darrow inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/16/2021 by The Citizens National Bank of Cheboygan reported 45 jobs and $500,000 was used to fund payroll.

Darrow inc is Existing or more than 2 years old

DARROW INC

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DARROW INC

Borrower Address

301 Louvingney

Borrower City

Mackinaw City

Borrower State

MI

Borrower Zip

49701-9670

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mackinaw City

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49701-9670

CD

MI-01

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

499995.00

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

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502333.33

Forgiveness Date

09/15/2021

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