PPP Loan information for Derse inc.

$2,000,000

Derse inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The BMO Harris Bank National Association reported 282 jobs and $2,000,000 was used to fund payroll.

Derse inc. is Existing or more than 2 years old

DERSE INC.

Date Approved

02/06/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

DERSE INC.

Borrower Address

3800 W Canal St

Borrower City

Milwaukee

Borrower State

WI

Borrower Zip

53208-4150

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milwaukee

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53208-4150

CD

WI-04

Jobs Reported

282

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2025150.68

Forgiveness Date

05/31/2022

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