PPP Loan information for Deshano companies, inc

$376,545

Deshano companies, inc was initially approved for PPP Loan of amount $376,545, the current approved amount is $376,545. The loan was approved on 04/08/2020 by The Mercantile Bank reported 36 jobs and $376,545 was used to fund payroll.

Deshano companies, inc is Existing or more than 2 years old

PPP Loan Search / MI / GLADWIN / Deshano companies, inc

DESHANO COMPANIES, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DESHANO COMPANIES, INC

Borrower Address

325 COMMERCE CT

Borrower City

GLADWIN

Borrower State

MI

Borrower Zip

48624-1225

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376545.00

Current Approval Amount

376545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLADWIN

Project County Name

GLADWIN

Project State

MI

Project Zip

48624-1225

CD

MI-04

Jobs Reported

36

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

358593.00

Mortgage Interest Proceed

0.00

Rent Proceed

10452.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4500

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

381610.30

Forgiveness Date

08/23/2021

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