PPP Loan information for Dangel electric

$12,000

Dangel electric was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 04/14/2020 by The Merchants State Bank reported 3 jobs and $12,000 was used to fund payroll.

Dangel electric is Existing or more than 2 years old

DANGEL ELECTRIC

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

DANGEL ELECTRIC

Borrower Address

44788 291st

Borrower City

VIBORG

Borrower State

SD

Borrower Zip

57070-6302

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIBORG

Project County Name

TURNER

Project State

SD

Project Zip

57070-6302

CD

SD-

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

Sole Proprietorship

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10050.83

Forgiveness Date

10/16/2020

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