PPP Loan information for Dmac industries inc

$552,267

Dmac industries inc was initially approved for PPP Loan of amount $552,267, the current approved amount is $552,267. The loan was approved on 03/20/2021 by The Regions Bank reported 30 jobs and $552,267 was used to fund payroll.

Dmac industries inc is Existing or more than 2 years old

DMAC INDUSTRIES INC

Date Approved

03/20/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DMAC INDUSTRIES INC

Borrower Address

1880 D Mac Dr

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30004-3998

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552267.00

Current Approval Amount

552267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FORSYTH

Project State

GA

Project Zip

30004-3998

CD

GA-06

Jobs Reported

30

NAICS Code

332322

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

552267.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

555383.90

Forgiveness Date

10/15/2021

;