PPP Loan information for Development homes inc

$2,652,300

Development homes inc was initially approved for PPP Loan of amount $2,652,300, the current approved amount is $2,652,300. The loan was approved on 04/05/2020 by The Gate City Bank reported 458 jobs and $2,652,300 was used to fund payroll.

Development homes inc is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Development homes inc

DEVELOPMENT HOMES INC

Date Approved

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DEVELOPMENT HOMES INC

Borrower Address

3880 COLUMBIA RD

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-3523

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2652300.00

Current Approval Amount

2652300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-3523

CD

ND-

Jobs Reported

458

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2652300.00

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

Non-Profit Organization

Originating Lender Location Id

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2681837.50

Forgiveness Date

06/09/2021

;