PPP Loan information for Dakota wood-grinding inc

$83,535

Dakota wood-grinding inc was initially approved for PPP Loan of amount $83,535, the current approved amount is $83,535. The loan was approved on 04/10/2020 by The Vermillion State Bank reported 10 jobs and $83,535 was used to fund payroll.

Dakota wood-grinding inc is Existing or more than 2 years old

PPP Loan Search / MN / ROSEMOUNT / Dakota wood-grinding inc

DAKOTA WOOD-GRINDING INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAKOTA WOOD-GRINDING INC

Borrower Address

15627 Clayton Ave E

Borrower City

ROSEMOUNT

Borrower State

MN

Borrower Zip

55068-2055

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83535.00

Current Approval Amount

83535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEMOUNT

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-2055

CD

MN-02

Jobs Reported

10

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3005.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

5530.00

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

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84147.59

Forgiveness Date

01/07/2021

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