PPP Loan information for Digital canal corporation

$90,700

Digital canal corporation was initially approved for PPP Loan of amount $90,700, the current approved amount is $90,700. The loan was approved on 07/24/2020 by The MidWestOne Bank reported 8 jobs and $90,700 was used to fund payroll.

Digital canal corporation is Existing or more than 2 years old

DIGITAL CANAL CORPORATION

Date Approved

07/24/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DIGITAL CANAL CORPORATION

Borrower Address

2728 Asbury rd

Borrower City

Dubuque

Borrower State

IA

Borrower Zip

52001-2901

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90700.00

Current Approval Amount

90700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dubuque

Project County Name

DUBUQUE

Project State

IA

Project Zip

52001-2901

CD

IA-02

Jobs Reported

8

NAICS Code

511210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90700.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91350.02

Forgiveness Date

04/15/2021

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