# PPP loan: DOUGLAS MACHINES CORP.
> **$944K** approved 04/16/2020 · Paid in Full · Loan `2937467208`
## Borrower
- **Name:** DOUGLAS MACHINES CORP.
- **Address:** 4500 110TH AVE, CLEARWATER, FL, 33762-4907
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $944K
- **Initial approval:** $944K
- **Forgiven:** $953K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $944K
- **Jobs reported:** 85
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*