Digitrace Machine Works Ltd.

$421,515 PPP Loan in Wayland, Michigan

Loan Details

Loan Number
5081178304
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$421,515
Current Approval
$421,515
Forgiveness Amount
$426,030
Forgiveness Date
Feb 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Digitrace Machine Works Ltd.
Address
1158 Morren Ct
ZIP Code
49348-8944
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MI-03

Loan Use Breakdown

Payroll
$421,513
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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