PPP Loan information for Dowco valve company inc

$380,000

Dowco valve company inc was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 01/19/2021 by The Vibrant Credit Union reported 24 jobs and $380,000 was used to fund payroll.

Dowco valve company inc is Existing or more than 2 years old

DOWCO VALVE COMPANY INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DOWCO VALVE COMPANY INC

Borrower Address

700 Spiral Blvd

Borrower City

Hastings

Borrower State

MN

Borrower Zip

55033-3739

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hastings

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-3739

CD

MN-02

Jobs Reported

24

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

379998.00

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

Corporation

Originating Lender Location Id

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

381488.77

Forgiveness Date

06/15/2021

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