PPP Loan information for Octaflex environmental

$32,600

Octaflex environmental was initially approved for PPP Loan of amount $32,600, the current approved amount is $32,600. The loan was approved on 04/15/2020 by The Dacotah Bank reported 7 jobs and $32,600 was used to fund payroll.

Octaflex environmental is Existing or more than 2 years old

OCTAFLEX ENVIRONMENTAL

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

OCTAFLEX ENVIRONMENTAL

Borrower Address

709 E ST

Borrower City

TIMBER LAKE

Borrower State

SD

Borrower Zip

57656

Loan Status Date

06/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32600.00

Current Approval Amount

32600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIMBER LAKE

Project County Name

DEWEY

Project State

SD

Project Zip

57656-0001

CD

SD-

Jobs Reported

7

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4075.00

Payroll Proceed

24450.00

Mortgage Interest Proceed

4075.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

25775.64

Forgiveness Date

12/28/2020

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