PPP Loan information for Delmar company

$408,750

Delmar company was initially approved for PPP Loan of amount $408,750, the current approved amount is $408,750. The loan was approved on 04/11/2020 by The Frandsen Bank & Trust reported 33 jobs and $408,750 was used to fund payroll.

Delmar company is Existing or more than 2 years old

DELMAR COMPANY

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DELMAR COMPANY

Borrower Address

21355 HEYWOOD AVENUE

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-6219

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408750.00

Current Approval Amount

408750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-6219

CD

MN-02

Jobs Reported

33

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40875.00

Payroll Proceed

306563.00

Mortgage Interest Proceed

61312.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

412893.49

Forgiveness Date

04/27/2021

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