PPP Loan information for Dascoa inc

$857,495

Dascoa inc was initially approved for PPP Loan of amount $857,495, the current approved amount is $857,495. The loan was approved on 01/27/2021 by The Farmers & Merchants Savings Bank reported 71 jobs and $857,495 was used to fund payroll.

Dascoa inc is Existing or more than 2 years old

DASCOA INC

Date Approved

01/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

DASCOA INC

Borrower Address

6201 S Gateway Dr

Borrower City

Marion

Borrower State

IA

Borrower Zip

52302-9430

Loan Status Date

06/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

857495.00

Current Approval Amount

857495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-9430

CD

IA-02

Jobs Reported

71

NAICS Code

424990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

857492.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

860829.70

Forgiveness Date

06/23/2021

;