PPP Loan information for Ddm electric, inc.

$71,530

Ddm electric, inc. was initially approved for PPP Loan of amount $71,530, the current approved amount is $71,530. The loan was approved on 04/06/2020 by The Exchange State Bank reported 7 jobs and $71,530 was used to fund payroll.

Ddm electric, inc. is Existing or more than 2 years old

PPP Loan Search / IA / STORY CITY / Ddm electric, inc.

DDM ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DDM ELECTRIC, INC.

Borrower Address

3954 UPTON AVE

Borrower City

STORY CITY

Borrower State

IA

Borrower Zip

50248-7551

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71530.00

Current Approval Amount

71530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24790

Servicing Lender Name

Exchange State Bank

Servicing Lender Address

104 Main St

Servicing Lender City

COLLINS

Servicing Lender State

IA

Servicing Lender Zip

50055-1028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STORY CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50248-7551

CD

IA-04

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7153.00

Payroll Proceed

57224.00

Mortgage Interest Proceed

0.00

Rent Proceed

7153.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24790

Originating Lender

Exchange State Bank

Originating Lender City

COLLINS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71909.51

Forgiveness Date

10/22/2020

;