PPP Loan information for Deister machine company inc

$3,514,200

Deister machine company inc was initially approved for PPP Loan of amount $3,514,200, the current approved amount is $3,514,200. The loan was approved on 04/05/2020 by The Lake City Bank reported 250 jobs and $3,514,200 was used to fund payroll.

Deister machine company inc is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Deister machine company inc

DEISTER MACHINE COMPANY INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DEISTER MACHINE COMPANY INC

Borrower Address

1933 E WAYNE ST

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46803-1332

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3514200.00

Current Approval Amount

3514200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46803-1332

CD

IN-03

Jobs Reported

250

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

117539.35

Payroll Proceed

3042427.00

Mortgage Interest Proceed

0.00

Rent Proceed

80725.73

Refinance EIDL Proceed

0.00

Health Care Proceed

258436.09

Debt Interest Proceed

15071.83

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3561641.70

Forgiveness Date

08/16/2021

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