PPP Loan information for Dakota commercial & development co.

$262,065

Dakota commercial & development co. was initially approved for PPP Loan of amount $262,065, the current approved amount is $262,065. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 24 jobs and $262,065 was used to fund payroll.

Dakota commercial & development co. is Existing or more than 2 years old

DAKOTA COMMERCIAL & DEVELOPMENT CO.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DAKOTA COMMERCIAL & DEVELOPMENT CO.

Borrower Address

615 1st Ave N Suite A

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-3601

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262065.00

Current Approval Amount

262065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-3601

CD

ND-

Jobs Reported

24

NAICS Code

233110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27415.00

Payroll Proceed

209650.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

253494.52

Forgiveness Date

11/12/2020

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