PPP Loan information for Discraft inc.

$385,400

Discraft inc. was initially approved for PPP Loan of amount $385,400, the current approved amount is $385,400. The loan was approved on 04/30/2020 by The First Merchants Bank reported 46 jobs and $385,400 was used to fund payroll.

Discraft inc. is Existing or more than 2 years old

DISCRAFT INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DISCRAFT INC.

Borrower Address

51000 GRAND RIVER AVE

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3326

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385400.00

Current Approval Amount

385400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3326

CD

MI-11

Jobs Reported

46

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385400.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387606.81

Forgiveness Date

12/04/2020

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