Douglas Machine and Engineering, LLC

$284,000 PPP Loan in Davenport, Iowa

Loan Details

Loan Number
1636268303
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$284,000
Current Approval
$284,000
Forgiveness Amount
$285,546
Forgiveness Date
Aug 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Douglas Machine and Engineering, LLC
Address
1721 W 5th St
State
Iowa
ZIP Code
52802-1002
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$283,999

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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