PPP Loan information for Dianamic abrasive products inc

$139,333

Dianamic abrasive products inc was initially approved for PPP Loan of amount $139,333, the current approved amount is $139,333. The loan was approved on 01/25/2021 by The First Merchants Bank reported 13 jobs and $139,333 was used to fund payroll.

Dianamic abrasive products inc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Dianamic abrasive products inc

DIANAMIC ABRASIVE PRODUCTS INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DIANAMIC ABRASIVE PRODUCTS INC

Borrower Address

2566 Industrial Row Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-7035

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139332.50

Current Approval Amount

139332.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-7035

CD

MI-11

Jobs Reported

13

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

139327.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140283.01

Forgiveness Date

10/06/2021

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