PPP Loan information for Debcon ii, inc

$42,950

Debcon ii, inc was initially approved for PPP Loan of amount $42,950, the current approved amount is $42,950. The loan was approved on 01/16/2021 by The Sterling State Bank reported 4 jobs and $42,950 was used to fund payroll.

Debcon ii, inc is Existing or more than 2 years old

DEBCON II, INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DEBCON II, INC

Borrower Address

3011 Mayowood Common Cir SW

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55902-4231

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42950.00

Current Approval Amount

42950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-4231

CD

MN-01

Jobs Reported

4

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42949.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

43202.93

Forgiveness Date

08/20/2021

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