PPP Loan information for Diamond drilling & supply company

$357,000

Diamond drilling & supply company was initially approved for PPP Loan of amount $357,000, the current approved amount is $357,000. The loan was approved on 04/06/2020 by The Macatawa Bank reported 21 jobs and $357,000 was used to fund payroll.

Diamond drilling & supply company is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Diamond drilling & supply company

DIAMOND DRILLING & SUPPLY COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DIAMOND DRILLING & SUPPLY COMPANY

Borrower Address

855 GODFREY AVE SW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-5080

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357000.00

Current Approval Amount

357000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-5080

CD

MI-03

Jobs Reported

21

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

348901.37

Forgiveness Date

11/03/2020

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