PPP Loan information for Demmer mechanical corp

$40,600

Demmer mechanical corp was initially approved for PPP Loan of amount $40,600, the current approved amount is $40,600. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 6 jobs and $40,600 was used to fund payroll.

Demmer mechanical corp is Existing or more than 2 years old

PPP Loan Search / IA / DYERSVILLE / Demmer mechanical corp

DEMMER MECHANICAL CORP

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DEMMER MECHANICAL CORP

Borrower Address

521 5th Street NW

Borrower City

DYERSVILLE

Borrower State

IA

Borrower Zip

52040

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40600.00

Current Approval Amount

40600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DYERSVILLE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52040-0001

CD

IA-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2537.50

Payroll Proceed

30450.00

Mortgage Interest Proceed

2537.50

Rent Proceed

2537.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2537.5

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40897.73

Forgiveness Date

01/06/2021

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