PPP Loan information for Davis iron works inc

$315,400

Davis iron works inc was initially approved for PPP Loan of amount $315,400, the current approved amount is $315,400. The loan was approved on 01/22/2021 by The Independent Bank reported 20 jobs and $315,400 was used to fund payroll.

Davis iron works inc is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Township / Davis iron works inc

DAVIS IRON WORKS INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DAVIS IRON WORKS INC

Borrower Address

1166 Benstein Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-2926

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315400.00

Current Approval Amount

315400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-2926

CD

MI-11

Jobs Reported

20

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

315398.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318113.30

Forgiveness Date

12/14/2021

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