PPP Loan information for Delano hardware inc

$57,400

Delano hardware inc was initially approved for PPP Loan of amount $57,400, the current approved amount is $57,400. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 21 jobs and $57,400 was used to fund payroll.

Delano hardware inc is New Business or 2 years or less

DELANO HARDWARE INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DELANO HARDWARE INC

Borrower Address

1005 Crossings Dr

Borrower City

Delano

Borrower State

MN

Borrower Zip

55328

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57400.00

Current Approval Amount

57400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Delano

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-0001

CD

MN-06

Jobs Reported

21

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57400.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57886.31

Forgiveness Date

03/08/2021

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