PPP Loan information for Drm maintenance & management company

$410,373

Drm maintenance & management company was initially approved for PPP Loan of amount $410,373, the current approved amount is $410,373. The loan was approved on 01/25/2021 by The First Merchants Bank reported 36 jobs and $410,373 was used to fund payroll.

Drm maintenance & management company is Existing or more than 2 years old

DRM MAINTENANCE & MANAGEMENT COMPANY

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DRM MAINTENANCE & MANAGEMENT COMPANY

Borrower Address

380 E Monroe St

Borrower City

Dundee

Borrower State

MI

Borrower Zip

48131-1306

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

410372.50

Current Approval Amount

410372.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dundee

Project County Name

MONROE

Project State

MI

Project Zip

48131-1306

CD

MI-05

Jobs Reported

36

NAICS Code

561730

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

410370.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

414476.22

Forgiveness Date

01/31/2022

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