PPP Loan information for Deml controls inc

$80,000

Deml controls inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 7 jobs and $80,000 was used to fund payroll.

Deml controls inc is Existing or more than 2 years old

DEML CONTROLS INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DEML CONTROLS INC

Borrower Address

1300 CALEDONIA ST

Borrower City

LA CROSSE

Borrower State

WI

Borrower Zip

54603-2414

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA CROSSE

Project County Name

LA CROSSE

Project State

WI

Project Zip

54603-2414

CD

WI-03

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80513.33

Forgiveness Date

12/02/2020

;