PPP Loan information for Directech, llc

$574,800

Directech, llc was initially approved for PPP Loan of amount $574,800, the current approved amount is $574,800. The loan was approved on 04/04/2020 by The FNNB Bank reported 40 jobs and $574,800 was used to fund payroll.

Directech, llc is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Directech, llc

DIRECTECH, LLC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DIRECTECH, LLC

Borrower Address

1501 N 15TH AVE E

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-1802

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574800.00

Current Approval Amount

574800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-1802

CD

IA-01

Jobs Reported

40

NAICS Code

511140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

574800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

579209.42

Forgiveness Date

01/20/2021

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