Current business record

DOUGLAS ELECTRIC COMPANY

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
DOUGLAS ELECTRIC COMPANY
Approval date
Feb 9, 2021
Initial approval amount
$508,732.50
Current approval amount
$508,732.50
Loan status
Paid in Full (Aug 21, 2021)
Forgiveness amount
$510,906.81
Jobs reported
43
Address
759 Grove St
Wyandotte, MI 48192-6835
Lender
First Merchants Bank
NAICS code
238210
Business type
Corporation
Congressional district
MI-13

Loan 2

$350,000–1 million
Filed business name
DOUGLAS ELECTRIC COMPANY
Approval date
Apr 7, 2020
Initial approval amount
$508,699.00
Current approval amount
$508,699.00
Loan status
Paid in Full (Dec 18, 2020)
Forgiveness amount
$511,500.33
Jobs reported
47
Address
759 GROVE ST
WYANDOTTE, MI 48192-6835
Lender
First Merchants Bank
NAICS code
238210
Business type
Corporation
Congressional district
MI-13