PPP Loan information for Drywall supply inc

$879,000

Drywall supply inc was initially approved for PPP Loan of amount $879,000, the current approved amount is $879,000. The loan was approved on 04/16/2020 by The MidWestOne Bank reported 71 jobs and $879,000 was used to fund payroll.

Drywall supply inc is Existing or more than 2 years old

DRYWALL SUPPLY INC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRYWALL SUPPLY INC

Borrower Address

14235 42nd St NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

879000.00

Current Approval Amount

879000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-0001

CD

MN-06

Jobs Reported

71

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

54937.50

Payroll Proceed

659250.00

Mortgage Interest Proceed

54937.50

Rent Proceed

54937.50

Refinance EIDL Proceed

0.00

Health Care Proceed

54937.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

884493.75

Forgiveness Date

12/02/2020

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