PPP Loan information for Desmarais enterprises inc

$28,700

Desmarais enterprises inc was initially approved for PPP Loan of amount $28,700, the current approved amount is $28,700. The loan was approved on 04/11/2020 by The Deerwood Bank reported 2 jobs and $28,700 was used to fund payroll.

Desmarais enterprises inc is Existing or more than 2 years old

DESMARAIS ENTERPRISES INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESMARAIS ENTERPRISES INC

Borrower Address

26175 Birch Bluff Rd

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-8318

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28700.00

Current Approval Amount

28700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXCELSIOR

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-8318

CD

MN-03

Jobs Reported

2

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28942.36

Forgiveness Date

02/16/2021

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