PPP Loan information for Dowco valve company, inc

$380,000

Dowco valve company, inc was initially approved for PPP Loan of amount $380,200, the current approved amount is $380,000. The loan was approved on 04/04/2020 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

PPP Loan Search / MN / HASTINGS / Dowco valve company, inc

DOWCO VALVE COMPANY, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOWCO VALVE COMPANY, INC

Borrower Address

700 Spiral Blvd

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-3665

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380200.00

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

55033-3665

CD

MN-02

Jobs Reported

24

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380000.00

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

382113.42

Forgiveness Date

11/03/2020

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