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Douglas Machining Services, Inc.

$194,800 PPP Loan in Winona, Minnesota

Loan Details

Loan Number
9292537002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$194,800
Current Approval
$194,800
Forgiveness Amount
$196,299
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Douglas Machining Services, Inc.
Address
1726 Wilkie Dr
City
Winona
State
Minnesota
ZIP Code
55987-6202
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$169,100
Rent
$18,000
Utilities
$7,700

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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