PPP Loan information for Douglas holdings inc

$3,194,230

Douglas holdings inc was initially approved for PPP Loan of amount $3,414,000, the current approved amount is $3,194,230. The loan was approved on 04/07/2020 by The The State Bank reported 351 jobs and $3,194,230 was used to fund payroll.

Douglas holdings inc is Existing or more than 2 years old

PPP Loan Search / MI / EAST LANSING / Douglas holdings inc

DOUGLAS HOLDINGS INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOUGLAS HOLDINGS INC

Borrower Address

331 GRAND RIVER AVE

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-4324

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3414000.00

Current Approval Amount

3194230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48823-4324

CD

MI-07

Jobs Reported

351

NAICS Code

611110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3194230.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3230722.98

Forgiveness Date

06/09/2021

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