PPP Loan information for Dakota systems inc

$1,096,000

Dakota systems inc was initially approved for PPP Loan of amount $1,096,000, the current approved amount is $1,096,000. The loan was approved on 04/07/2020 by The Salem Co-operative Bank reported 83 jobs and $1,096,000 was used to fund payroll.

Dakota systems inc is Existing or more than 2 years old

PPP Loan Search / MA / DRACUT / Dakota systems inc

DAKOTA SYSTEMS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DAKOTA SYSTEMS INC

Borrower Address

1057 BROADWAY RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-2807

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1096000.00

Current Approval Amount

1096000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-2807

CD

MA-03

Jobs Reported

83

NAICS Code

332911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1096000.00

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

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1103506.85

Forgiveness Date

12/16/2020

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