PPP Loan information for Desanto investments of ironwood, inc

$65,000

Desanto investments of ironwood, inc was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/08/2020 by The Western National Bank reported 15 jobs and $65,000 was used to fund payroll.

Desanto investments of ironwood, inc is Existing or more than 2 years old

DESANTO INVESTMENTS OF IRONWOOD, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DESANTO INVESTMENTS OF IRONWOOD, INC

Borrower Address

1117 East Cloverland Drive

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-0001

CD

MI-01

Jobs Reported

15

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55371.25

Forgiveness Date

12/10/2020

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