PPP Loan information for Desmet weldors and machine shop

$12,921

Desmet weldors and machine shop was initially approved for PPP Loan of amount $12,921, the current approved amount is $12,921. The loan was approved on 04/28/2020 by The Currie State Bank reported 2 jobs and $12,921 was used to fund payroll.

Desmet weldors and machine shop is Existing or more than 2 years old

DESMET WELDORS AND MACHINE SHOP

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESMET WELDORS AND MACHINE SHOP

Borrower Address

536 Craig Avenue

Borrower City

Tracy

Borrower State

MN

Borrower Zip

56175

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12921.00

Current Approval Amount

12921.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36763

Servicing Lender Name

Currie State Bank

Servicing Lender Address

141 Mill St

Servicing Lender City

CURRIE

Servicing Lender State

MN

Servicing Lender Zip

56123

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tracy

Project County Name

LYON

Project State

MN

Project Zip

56175-0001

CD

MN-07

Jobs Reported

2

NAICS Code

333992

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12921.00

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

Sole Proprietorship

Originating Lender Location Id

36763

Originating Lender

Currie State Bank

Originating Lender City

CURRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13013.24

Forgiveness Date

01/14/2021

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