PPP Loan information for Respec company llc

$3,855,700

Respec company llc was initially approved for PPP Loan of amount $3,855,700, the current approved amount is $3,855,700. The loan was approved on 04/10/2020 by The Dacotah Bank reported 300 jobs and $3,855,700 was used to fund payroll.

Respec company llc is New Business or 2 years or less

RESPEC COMPANY LLC

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RESPEC COMPANY LLC

Borrower Address

3824 JET DR

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57703-4757

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3855700.00

Current Approval Amount

3855700.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57703-4757

CD

SD-

Jobs Reported

300

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

3505700.00

Mortgage Interest Proceed

120000.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3898862.42

Forgiveness Date

05/26/2021

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