PPP Loan information for Donaldson equipment, incorporated

$16,000

Donaldson equipment, incorporated was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 04/14/2020 by The DeMotte State Bank reported 3 jobs and $16,000 was used to fund payroll.

Donaldson equipment, incorporated is Existing or more than 2 years old

DONALDSON EQUIPMENT, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DONALDSON EQUIPMENT, INCORPORATED

Borrower Address

16753 S 150 W

Borrower City

KENTLAND

Borrower State

IN

Borrower Zip

47951-8513

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENTLAND

Project County Name

NEWTON

Project State

IN

Project Zip

47951-8513

CD

IN-04

Jobs Reported

3

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

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

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

16085.04

Forgiveness Date

11/05/2020

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