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D & R Fabrication, Inc.

$715,607 PPP Loan in Belding, Michigan

Loan Details

Loan Number
7602667003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$715,607
Current Approval
$715,607
Forgiveness Amount
$720,587
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
D & R Fabrication, Inc.
Address
200 Gooding St
City
Belding
State
Michigan
ZIP Code
48809-1865
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$64.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$499,840
Rent
$18,900
Utilities
$33,800
Health Care
$98,830
Debt Interest
$64,237

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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