PPP Loan information for Dm tool & fab inc.

$1,169,600

Dm tool & fab inc. was initially approved for PPP Loan of amount $1,169,600, the current approved amount is $1,169,600. The loan was approved on 04/30/2020 by The Comerica Bank reported 70 jobs and $1,169,600 was used to fund payroll.

Dm tool & fab inc. is Existing or more than 2 years old

DM TOOL & FAB INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DM TOOL & FAB INC.

Borrower Address

6101 18 1/2 Mile Rd.

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3116

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1169600.00

Current Approval Amount

1169600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3116

CD

MI-10

Jobs Reported

70

NAICS Code

333511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1169600.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1178729.38

Forgiveness Date

02/11/2021

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