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Dunn-Rite Products INC

$424,207 PPP Loan in Elwood, Indiana

Loan Details

Loan Number
5606197002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$424,207
Current Approval
$424,207
Forgiveness Amount
$426,575
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dunn-Rite Products INC
Address
2200 South J
City
Elwood
State
Indiana
ZIP Code
46036
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339920)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$14.0M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$318,155
Utilities
$53,026
Mortgage Interest
$53,026

Lender Information

Servicing Lender
Beverly Bank & Trust Company, National Association
Originating Lender
Beverly Bank & Trust Company, National Association

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