PPP Loan information for Dbi holding co.

$992,461

Dbi holding co. was initially approved for PPP Loan of amount $992,461, the current approved amount is $992,461. The loan was approved on 04/08/2020 by The Mercantile Bank reported 91 jobs and $992,461 was used to fund payroll.

Dbi holding co. is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Dbi holding co.

DBI HOLDING CO.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DBI HOLDING CO.

Borrower Address

912 E MICHIGAN AVE

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48912-1418

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

992461.00

Current Approval Amount

992461.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48912-1418

CD

MI-07

Jobs Reported

91

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19179.00

Payroll Proceed

832362.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

140920.00

Debt Interest Proceed

0

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

1001433.94

Forgiveness Date

03/10/2021

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