PPP Loan information for Dufrene machinery esop

$459,200

Dufrene machinery esop was initially approved for PPP Loan of amount $459,200, the current approved amount is $459,200. The loan was approved on 01/16/2021 by The Commercial Bank reported 23 jobs and $459,200 was used to fund payroll.

Dufrene machinery esop is Existing or more than 2 years old

DUFRENE MACHINERY ESOP

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DUFRENE MACHINERY ESOP

Borrower Address

209 W South St

Borrower City

Ithaca

Borrower State

MI

Borrower Zip

48847-1753

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

459200.00

Current Approval Amount

459200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ithaca

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-1753

CD

MI-04

Jobs Reported

23

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459200.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

463867.48

Forgiveness Date

01/28/2022

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