PPP Loan information for Duerst machine works

$224,432

Duerst machine works was initially approved for PPP Loan of amount $224,432, the current approved amount is $224,432. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank of Colby reported 15 jobs and $224,432 was used to fund payroll.

Duerst machine works is Existing or more than 2 years old

PPP Loan Search / CO / BURLINGTON / Duerst machine works

DUERST MACHINE WORKS

Date Approved

04/08/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

DUERST MACHINE WORKS

Borrower Address

463 13th Street

Borrower City

BURLINGTON

Borrower State

CO

Borrower Zip

80807-1737

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224432.00

Current Approval Amount

224432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122661

Servicing Lender Name

Farmers & Merchants Bank of Colby

Servicing Lender Address

240 W 4th St

Servicing Lender City

COLBY

Servicing Lender State

KS

Servicing Lender Zip

67701-2239

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

KIT CARSON

Project State

CO

Project Zip

80807-1737

CD

CO-04

Jobs Reported

15

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224432.00

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

Sole Proprietorship

Originating Lender Location Id

122661

Originating Lender

Farmers & Merchants Bank of Colby

Originating Lender City

COLBY

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

225722.48

Forgiveness Date

11/03/2020

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