PPP Loan information for Digitrace machine works ltd

$421,515

Digitrace machine works ltd was initially approved for PPP Loan of amount $421,515, the current approved amount is $421,515. The loan was approved on 04/07/2020 by The The Huntington National Bank reported 27 jobs and $421,515 was used to fund payroll.

Digitrace machine works ltd is Existing or more than 2 years old

PPP Loan Search / MI / WAYLAND / Digitrace machine works ltd

DIGITRACE MACHINE WORKS LTD

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DIGITRACE MACHINE WORKS LTD

Borrower Address

1158 MORREN CT

Borrower City

WAYLAND

Borrower State

MI

Borrower Zip

49348-8944

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421515.00

Current Approval Amount

421515.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49348-8944

CD

MI-03

Jobs Reported

27

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

421515.00

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

Non-Veteran

Non Profit

Forgiveness Amount

427577.89

Forgiveness Date

10/04/2021

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