PPP Loan information for Duro construction company, inc.

$51,163

Duro construction company, inc. was initially approved for PPP Loan of amount $51,163, the current approved amount is $51,163. The loan was approved on 04/28/2020 by The American Express National Bank reported 5 jobs and $51,163 was used to fund payroll.

Duro construction company, inc. is Existing or more than 2 years old

DURO CONSTRUCTION COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DURO CONSTRUCTION COMPANY, INC.

Borrower Address

51985 Hayes Road

Borrower City

Shelby Charter Township

Borrower State

MI

Borrower Zip

48315

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51162.50

Current Approval Amount

51162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby Charter Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-0899

CD

MI-10

Jobs Reported

5

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5116.25

Payroll Proceed

38371.87

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7674.38

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51644.69

Forgiveness Date

04/15/2021

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