PPP Loan information for Degelman industries usa ltd

$579,300

Degelman industries usa ltd was initially approved for PPP Loan of amount $579,300, the current approved amount is $579,300. The loan was approved on 04/13/2020 by The Dakota Heritage Bank reported 37 jobs and $579,300 was used to fund payroll.

Degelman industries usa ltd is Existing or more than 2 years old

DEGELMAN INDUSTRIES USA LTD

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DEGELMAN INDUSTRIES USA LTD

Borrower Address

105 Boeddeker Drive S

Borrower City

HILLSBORO

Borrower State

ND

Borrower Zip

58045-9999

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

579300.00

Current Approval Amount

579300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

TRAILL

Project State

ND

Project Zip

58045-9999

CD

ND-

Jobs Reported

37

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

481300.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

582474.25

Forgiveness Date

11/03/2020

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