PPP Loan information for Dianamic abrasive products inc

$139,300

Dianamic abrasive products inc was initially approved for PPP Loan of amount $139,300, the current approved amount is $139,300. The loan was approved on 04/14/2020 by The First Merchants Bank reported 13 jobs and $139,300 was used to fund payroll.

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

DIANAMIC ABRASIVE PRODUCTS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DIANAMIC ABRASIVE PRODUCTS INC

Borrower Address

2566 Industrial Row Drive

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-7035

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139300.00

Current Approval Amount

139300.00

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

0.00

Payroll Proceed

139300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140616.67

Forgiveness Date

03/31/2021

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