# PPP loan: DUMBARTON TOOL INC.
> **$167K** approved 01/22/2021 · Charged Off · Loan `3525568306`
## Borrower
- **Name:** DUMBARTON TOOL INC.
- **Address:** 151 Clay Dr, Cadillac, MI, 49601-8614
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Status:** Charged Off
- **Term:** 49 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*