PPP Loan information for Design engineering & manufacturing inc.

$55,930

Design engineering & manufacturing inc. was initially approved for PPP Loan of amount $55,930, the current approved amount is $55,930. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 14 jobs and $55,930 was used to fund payroll.

Design engineering & manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / IA / NEW LONDON / Design engineering & manufacturing inc.

DESIGN ENGINEERING & MANUFACTURING INC.

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DESIGN ENGINEERING & MANUFACTURING INC.

Borrower Address

810 ADAMS ST E

Borrower City

NEW LONDON

Borrower State

IA

Borrower Zip

52645

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55930.00

Current Approval Amount

55930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

HENRY

Project State

IA

Project Zip

52645-0001

CD

IA-01

Jobs Reported

14

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55930.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56450.46

Forgiveness Date

04/08/2021

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