American Douglas Metals, Inc.

$607,160 PPP Loan in Ocoee, Florida

Loan Details

Loan Number
7969697106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$607,160
Current Approval
$607,160
Forgiveness Amount
$610,454
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Douglas Metals, Inc.
Address
576 Ocoee Business Parkway Suite 10
City
Ocoee
State
Florida
ZIP Code
34761
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
FL-11

Loan Use Breakdown

Payroll
$473,660
Rent
$30,000
Utilities
$24,000
Health Care
$62,000
Mortgage Interest
$10,000
Debt Interest
$7,500

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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