PPP Loan information for D.b. acoustics, inc.

$100,900

D.b. acoustics, inc. was initially approved for PPP Loan of amount $100,900, the current approved amount is $100,900. The loan was approved on 04/06/2020 by The Farmers State Bank reported 11 jobs and $100,900 was used to fund payroll.

D.b. acoustics, inc. is Existing or more than 2 years old

D.B. ACOUSTICS, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

D.B. ACOUSTICS, INC.

Borrower Address

4601 COMMERCIAL AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-1553

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100900.00

Current Approval Amount

100900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-1553

CD

IA-02

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

81000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102236.93

Forgiveness Date

08/09/2021

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