PPP Loan information for Dms corporation

$52,900

Dms corporation was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 04/28/2020 by The Deerwood Bank reported 5 jobs and $52,900 was used to fund payroll.

Dms corporation is Existing or more than 2 years old

DMS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DMS CORPORATION

Borrower Address

13264 Eureka Road

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-0001

CD

MN-07

Jobs Reported

5

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1597.00

Payroll Proceed

34263.00

Mortgage Interest Proceed

0.00

Rent Proceed

10040.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53401.08

Forgiveness Date

04/14/2021

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