PPP Loan information for Duran contractors inc

$303,302

Duran contractors inc was initially approved for PPP Loan of amount $303,302, the current approved amount is $303,302. The loan was approved on 06/29/2020 by The United Bank of Michigan reported 28 jobs and $303,302 was used to fund payroll.

Duran contractors inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Duran contractors inc

DURAN CONTRACTORS INC

Date Approved

06/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DURAN CONTRACTORS INC

Borrower Address

3729 LINDEN AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-3427

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303302.00

Current Approval Amount

303302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

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

49548-3427

CD

MI-03

Jobs Reported

28

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298302.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305357.71

Forgiveness Date

03/09/2021

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