Dornerworks, Ltd.

$1,965,000 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
8230177110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,965,000
Current Approval
$1,965,000
Forgiveness Amount
$1,990,516
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dornerworks, Ltd.
Address
3445 Lake Eastbrook Blvd SE
ZIP Code
49546
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
96
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,717,138
Rent
$75,250
Utilities
$10,765
Health Care
$161,847

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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