PPP Loan information for Douglas machining services, inc.

$194,800

Douglas machining services, inc. was initially approved for PPP Loan of amount $194,800, the current approved amount is $194,800. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 14 jobs and $194,800 was used to fund payroll.

Douglas machining services, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WINONA / Douglas machining services, inc.

DOUGLAS MACHINING SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOUGLAS MACHINING SERVICES, INC.

Borrower Address

1726 WILKIE DR

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-6202

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194800.00

Current Approval Amount

194800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-6202

CD

MN-01

Jobs Reported

14

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7700.00

Payroll Proceed

169100.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196298.88

Forgiveness Date

01/20/2021

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