PPP Loan information for D of c foods inc

$116,000

D of c foods inc was initially approved for PPP Loan of amount $116,000, the current approved amount is $116,000. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 23 jobs and $116,000 was used to fund payroll.

D of c foods inc is Existing or more than 2 years old

D OF C FOODS INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

D OF C FOODS INC

Borrower Address

105 5th street

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2416

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

116000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2416

CD

IA-01

Jobs Reported

23

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7250.00

Payroll Proceed

87000.00

Mortgage Interest Proceed

7250.00

Rent Proceed

7250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7250.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117121.33

Forgiveness Date

03/31/2021

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