Dumbarton Tool, Inc.

$167,165 PPP Loan in Cadillac, Michigan

Loan Details

Loan Number
7855257007
Date Approved
Apr 8, 2020
Loan Status
Charged Off
Initial Approval
$167,165
Current Approval
$167,165
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
3 months
Draw
First Draw

Business Information

Business Name
Dumbarton Tool, Inc.
Address
151 Clay Dr
ZIP Code
49601-8614
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$66,866
Utilities
$2,201
Health Care
$6,879
Mortgage Interest
$1,750
Debt Interest
$29,865
Refinance EIDL
$59,604

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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