PPP Loan information for Distinctive cabinet design, llc

$897,500

Distinctive cabinet design, llc was initially approved for PPP Loan of amount $897,500, the current approved amount is $897,500. The loan was approved on 04/03/2020 by The Farmers & Merchants Savings Bank reported 78 jobs and $897,500 was used to fund payroll.

Distinctive cabinet design, llc is Existing or more than 2 years old

PPP Loan Search / MN / FOLEY / Distinctive cabinet design, llc

DISTINCTIVE CABINET DESIGN, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DISTINCTIVE CABINET DESIGN, LLC

Borrower Address

30 2ND AVE

Borrower City

FOLEY

Borrower State

MN

Borrower Zip

56329-8514

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

897500.00

Current Approval Amount

897500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BENTON

Project State

MN

Project Zip

56329-8514

CD

MN-06

Jobs Reported

78

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

897500.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

903533.19

Forgiveness Date

12/08/2020

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