PPP Loan information for Dearco distributors, inc.

$395,600

Dearco distributors, inc. was initially approved for PPP Loan of amount $395,600, the current approved amount is $395,600. The loan was approved on 04/14/2020 by The Bank First, N.A. reported 55 jobs and $395,600 was used to fund payroll.

Dearco distributors, inc. is Existing or more than 2 years old

DEARCO DISTRIBUTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DEARCO DISTRIBUTORS, INC.

Borrower Address

1495 E GREEN BAY ST

Borrower City

SHAWANO

Borrower State

WI

Borrower Zip

54166-2257

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395600.00

Current Approval Amount

395600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76173

Servicing Lender Name

Bank First, N.A.

Servicing Lender Address

402 N 8th St

Servicing Lender City

MANITOWOC

Servicing Lender State

WI

Servicing Lender Zip

54220-4010

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAWANO

Project County Name

SHAWANO

Project State

WI

Project Zip

54166-2257

CD

WI-08

Jobs Reported

55

NAICS Code

424950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395600.00

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

76173

Originating Lender

Bank First, N.A.

Originating Lender City

MANITOWOC

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400270.28

Forgiveness Date

06/24/2021

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