PPP Loan information for Douglas machines corp.
$943,670
Douglas machines corp. was initially approved for PPP Loan of amount $943,670, the current approved amount is $943,670. The loan was approved on 04/16/2020 by The Webster Bank National Association reported 85 jobs and $943,670 was used to fund payroll.
Douglas machines corp. is Existing or more than 2 years old
DOUGLAS MACHINES CORP.
Date Approved
04/16/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
DOUGLAS MACHINES CORP.
Borrower Address
4500 110TH AVE
Borrower City
CLEARWATER
Borrower State
FL
Borrower Zip
33762-4907
Loan Status Date
05/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
943670.20
Current Approval Amount
943670.20
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
15940
Servicing Lender Name
Webster Bank National Association
Servicing Lender Address
137 Bank St
Servicing Lender City
WATERBURY
Servicing Lender State
CT
Servicing Lender Zip
06702-2205
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
CLEARWATER
Project County Name
PINELLAS
Project State
FL
Project Zip
33762-4907
CD
FL-13
Jobs Reported
85
NAICS Code
333318
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
943670.20
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
15940
Originating Lender
Webster Bank National Association
Originating Lender City
WATERBURY
Originating Lender State
CT
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
952822.51
Forgiveness Date
04/13/2021