PPP Loan information for Octaflex environmental systems inc.

$34,982

Octaflex environmental systems inc. was initially approved for PPP Loan of amount $34,982, the current approved amount is $34,982. The loan was approved on 03/13/2021 by The Dacotah Bank reported 8 jobs and $34,982 was used to fund payroll.

Octaflex environmental systems inc. is Existing or more than 2 years old

OCTAFLEX ENVIRONMENTAL SYSTEMS INC.

Date Approved

03/13/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

OCTAFLEX ENVIRONMENTAL SYSTEMS INC.

Borrower Address

709 E Street

Borrower City

Timber Lake

Borrower State

SD

Borrower Zip

57656

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34982.00

Current Approval Amount

34982.00

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

CD

SD-

Jobs Reported

8

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34980.00

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

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

35247.28

Forgiveness Date

12/14/2021

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