PPP Loan information for Sesdac, inc.

$799,700

Sesdac, inc. was initially approved for PPP Loan of amount $799,700, the current approved amount is $799,700. The loan was approved on 04/07/2020 by The CorTrust Bank National Association reported 139 jobs and $799,700 was used to fund payroll.

Sesdac, inc. is Existing or more than 2 years old

SESDAC, INC.

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SESDAC, INC.

Borrower Address

1314 E CHERRY ST

Borrower City

VERMILLION

Borrower State

SD

Borrower Zip

57069-1606

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

799700.00

Current Approval Amount

799700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERMILLION

Project County Name

CLAY

Project State

SD

Project Zip

57069-1606

CD

SD-

Jobs Reported

139

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

99962.50

Payroll Proceed

599775.00

Mortgage Interest Proceed

0.00

Rent Proceed

99962.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

804125.74

Forgiveness Date

11/03/2020

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