Douglas Corporation of Michigan
$5,784,300 PPP Loan in Saline, Michigan
Loan Details
- Loan Number
- 5272917003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,784,300
- Current Approval
- $5,784,300
- Forgiveness Amount
- $5,312,766
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Douglas Corporation of Michigan
- Address
- Po Box 128
- City
- Saline
- State
- Michigan
- ZIP Code
- 48176-0128
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Wendy's
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $4,338,225
- Rent
- $482,025
- Utilities
- $482,025
- Mortgage Interest
- $482,025
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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