PPP Loan information for Diamond lake tool, inc.

$92,200

Diamond lake tool, inc. was initially approved for PPP Loan of amount $92,200, the current approved amount is $92,200. The loan was approved on 04/07/2020 by The Farmers & Merchants Savings Bank reported 6 jobs and $92,200 was used to fund payroll.

Diamond lake tool, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Diamond lake tool, inc.

DIAMOND LAKE TOOL, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DIAMOND LAKE TOOL, INC.

Borrower Address

16710 E HIGHWAY 10

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6317

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92200.00

Current Approval Amount

92200.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6317

CD

MN-06

Jobs Reported

6

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92200.00

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

Non-Veteran

Non Profit

Forgiveness Amount

92965.77

Forgiveness Date

02/11/2021

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