PPP Loan information for Dacotah paper co

$2,056,000

Dacotah paper co was initially approved for PPP Loan of amount $2,056,000, the current approved amount is $2,056,000. The loan was approved on 04/09/2020 by The Cornerstone Bank reported 162 jobs and $2,056,000 was used to fund payroll.

Dacotah paper co is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Dacotah paper co

DACOTAH PAPER CO

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DACOTAH PAPER CO

Borrower Address

3940 15TH AVE

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-2835

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2056000.00

Current Approval Amount

2056000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-2835

CD

ND-

Jobs Reported

162

NAICS Code

424120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

514000.00

Payroll Proceed

1542000.00

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

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2079986.67

Forgiveness Date

06/11/2021

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