PPP Loan information for Douglas corporation of michigan

$5,784,300

Douglas corporation of michigan was initially approved for PPP Loan of amount $5,784,300, the current approved amount is $5,784,300. The loan was approved on 04/05/2020 by The City National Bank reported 14 jobs and $5,784,300 was used to fund payroll.

Douglas corporation of michigan is Existing or more than 2 years old

PPP Loan Search / MI / SALINE / Douglas corporation of michigan

DOUGLAS CORPORATION OF MICHIGAN

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOUGLAS CORPORATION OF MICHIGAN

Borrower Address

PO BOX 128

Borrower City

SALINE

Borrower State

MI

Borrower Zip

48176-0128

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5784300.00

Current Approval Amount

5784300.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALINE

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-0128

CD

MI-06

Jobs Reported

14

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

482025.00

Payroll Proceed

4338225.00

Mortgage Interest Proceed

482025.00

Rent Proceed

482025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5312765.63

Forgiveness Date

06/11/2021

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