PPP Loan information for Dercon construction services inc

$171,100

Dercon construction services inc was initially approved for PPP Loan of amount $171,100, the current approved amount is $171,100. The loan was approved on 04/08/2020 by The First Bank Elk River reported 11 jobs and $171,100 was used to fund payroll.

Dercon construction services inc is Existing or more than 2 years old

DERCON CONSTRUCTION SERVICES INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DERCON CONSTRUCTION SERVICES INC

Borrower Address

727 170TH LN NW

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-1552

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171100.00

Current Approval Amount

171100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-1552

CD

MN-06

Jobs Reported

11

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8555.00

Payroll Proceed

128325.00

Mortgage Interest Proceed

0.00

Rent Proceed

34220.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

173234.00

Forgiveness Date

07/09/2021

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