Dor-Mae Industries Inc.

$700,000 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
4904377208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$703,816
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dor-Mae Industries Inc.
Address
4001 Reading Crest Avenue
ZIP Code
19605
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$540,073
Rent
$74,000
Utilities
$15,927
Health Care
$70,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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