PPP Loan information for Douglas group inc

$101,463

Douglas group inc was initially approved for PPP Loan of amount $101,463, the current approved amount is $101,463. The loan was approved on 04/10/2020 by The Mercantile Bank reported 15 jobs and $101,463 was used to fund payroll.

Douglas group inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Douglas group inc

DOUGLAS GROUP INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOUGLAS GROUP INC

Borrower Address

4245 LINCOLN RD

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-9151

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101462.50

Current Approval Amount

101462.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-9151

CD

MI-02

Jobs Reported

15

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86463.00

Mortgage Interest Proceed

0.00

Rent Proceed

14999.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

102182.47

Forgiveness Date

12/31/2020

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