PPP Loan information for Dm tool & fab inc.

$1,073,700

Dm tool & fab inc. was initially approved for PPP Loan of amount $1,073,700, the current approved amount is $1,073,700. The loan was approved on 02/06/2021 by The Comerica Bank reported 60 jobs and $1,073,700 was used to fund payroll.

Dm tool & fab inc. is Existing or more than 2 years old

DM TOOL & FAB INC.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DM TOOL & FAB INC.

Borrower Address

6101 18 1/2 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3116

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1073700.00

Current Approval Amount

1073700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3116

CD

MI-10

Jobs Reported

60

NAICS Code

333511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1073700.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1080619.40

Forgiveness Date

10/04/2021

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