PPP Loan information for Bdc group, inc.

$700,352

Bdc group, inc. was initially approved for PPP Loan of amount $700,352, the current approved amount is $700,352. The loan was approved on 01/19/2021 by The Farmers & Merchants Savings Bank reported 72 jobs and $700,352 was used to fund payroll.

Bdc group, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Bdc group, inc.

BDC GROUP, INC.

Date Approved

01/19/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

BDC GROUP, INC.

Borrower Address

1936 51st St NE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52402-2459

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

700352.00

Current Approval Amount

700352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52402-2459

CD

IA-02

Jobs Reported

72

NAICS Code

237130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

700349.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

706324.45

Forgiveness Date

11/24/2021

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