PPP Loan information for Durawood products, inc

$356,300

Durawood products, inc was initially approved for PPP Loan of amount $356,300, the current approved amount is $356,300. The loan was approved on 04/13/2020 by The Meridian Bank reported 32 jobs and $356,300 was used to fund payroll.

Durawood products, inc is Existing or more than 2 years old

PPP Loan Search / PA / DENVER / Durawood products, inc

DURAWOOD PRODUCTS, INC

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DURAWOOD PRODUCTS, INC

Borrower Address

18 Industrial Way

Borrower City

DENVER

Borrower State

PA

Borrower Zip

17517-9305

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356300.00

Current Approval Amount

356300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

LANCASTER

Project State

PA

Project Zip

17517-9305

CD

PA-11

Jobs Reported

32

NAICS Code

321918

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

316300.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358223.04

Forgiveness Date

11/05/2020

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