Digitrace Machine Works Ltd
$421,515 PPP Loan in Wayland, Michigan
Loan Details
- Loan Number
- 6589517004
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $421,515
- Current Approval
- $421,515
- Forgiveness Amount
- $427,578
- Forgiveness Date
- Oct 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Digitrace Machine Works Ltd
- Address
- 1158 Morren Ct
- City
- Wayland
- State
- Michigan
- ZIP Code
- 49348-8944
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332721)
- 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
- $421,515
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
Other PPP Loans in Wayland, MI
| Business | Approved | |
|---|---|---|
| Windemuller Electric, Inc. | $3,213,100 | |
| Windemuller Electric Inc. | $2,000,000 | |
| Stampede Die Corp. | $1,588,500 | |
| Stampede Die Corp. | $1,588,500 | |
| Grand Flower Growers, Inc. | $1,066,800 |
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