PPP Loan information for Dew-el corporation

$101,776

Dew-el corporation was initially approved for PPP Loan of amount $101,776, the current approved amount is $101,776. The loan was approved on 04/28/2020 by The Mercantile Bank reported 5 jobs and $101,776 was used to fund payroll.

Dew-el corporation is Existing or more than 2 years old

DEW-EL CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEW-EL CORPORATION

Borrower Address

10841 PAW PAW DR

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49424-8991

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101776.00

Current Approval Amount

101776.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49424-8991

CD

MI-02

Jobs Reported

5

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

74035.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14241.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102475.88

Forgiveness Date

01/06/2021

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