PPP Loan information for Duale industries, inc.

$313,100

Duale industries, inc. was initially approved for PPP Loan of amount $313,100, the current approved amount is $313,100. The loan was approved on 04/04/2020 by The Clear Lake Bank & Trust Company reported 76 jobs and $313,100 was used to fund payroll.

Duale industries, inc. is Existing or more than 2 years old

DUALE INDUSTRIES, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DUALE INDUSTRIES, INC.

Borrower Address

2315 230TH ST, Ste 704

Borrower City

AMES

Borrower State

IA

Borrower Zip

50014-6303

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313100.00

Current Approval Amount

313100.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

BOONE

Project State

IA

Project Zip

50014-6303

CD

IA-04

Jobs Reported

76

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260000.00

Mortgage Interest Proceed

0.00

Rent Proceed

53100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315178.64

Forgiveness Date

12/09/2020

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