PPP Loan information for Daka corporation

$259,286

Daka corporation was initially approved for PPP Loan of amount $298,000, the current approved amount is $259,286. The loan was approved on 04/04/2020 by The Stearns Bank National Association reported 17 jobs and $259,286 was used to fund payroll.

Daka corporation is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Daka corporation

DAKA CORPORATION

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAKA CORPORATION

Borrower Address

955 Industrial St NE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063-1455

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298000.00

Current Approval Amount

259286.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-1455

CD

MN-08

Jobs Reported

17

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6400.00

Payroll Proceed

223601.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17285.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261438.43

Forgiveness Date

02/11/2021

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