PPP Loan information for Diversified profits inc

$47,000

Diversified profits inc was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 3 jobs and $47,000 was used to fund payroll.

Diversified profits inc is Existing or more than 2 years old

PPP Loan Search / MN / COTTAGE GROVE / Diversified profits inc

DIVERSIFIED PROFITS INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DIVERSIFIED PROFITS INC

Borrower Address

8117 HARKNESS RD

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016-3381

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-3381

CD

MN-02

Jobs Reported

3

NAICS Code

532112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

41500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47390.36

Forgiveness Date

02/09/2021

;