PPP Loan information for Derse inc.

$7,812,500

Derse inc. was initially approved for PPP Loan of amount $7,812,500, the current approved amount is $7,812,500. The loan was approved on 04/07/2020 by The BMO Harris Bank National Association reported 488 jobs and $7,812,500 was used to fund payroll.

Derse inc. is Existing or more than 2 years old

DERSE INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DERSE INC.

Borrower Address

3800 W. Canal St.

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53208-4150

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7812500.00

Current Approval Amount

7812500.00

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

488

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7812500.00

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

7912243.15

Forgiveness Date

07/28/2021

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