PPP Loan information for Diversified management solutions inc

$1,875,000

Diversified management solutions inc was initially approved for PPP Loan of amount $1,875,000, the current approved amount is $1,875,000. The loan was approved on 06/02/2020 by The Reliance State Bank reported 217 jobs and $1,875,000 was used to fund payroll.

Diversified management solutions inc is Existing or more than 2 years old

DIVERSIFIED MANAGEMENT SOLUTIONS INC

Date Approved

06/02/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DIVERSIFIED MANAGEMENT SOLUTIONS INC

Borrower Address

230 State Street

Borrower City

Garner

Borrower State

IA

Borrower Zip

50438-1122

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1875000.00

Current Approval Amount

1875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25511

Servicing Lender Name

Reliance State Bank

Servicing Lender Address

606 Broad St

Servicing Lender City

STORY CITY

Servicing Lender State

IA

Servicing Lender Zip

50248-1226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garner

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-1122

CD

IA-04

Jobs Reported

217

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

468750.00

Payroll Proceed

1406250.00

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

Subchapter S Corporation

Originating Lender Location Id

25511

Originating Lender

Reliance State Bank

Originating Lender City

STORY CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1890513.70

Forgiveness Date

04/01/2021

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