PPP Loan information for Diversified coatings inc

$187,500

Diversified coatings inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 01/20/2021 by The Bremer Bank, National Association reported 9 jobs and $187,500 was used to fund payroll.

Diversified coatings inc is Existing or more than 2 years old

DIVERSIFIED COATINGS INC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DIVERSIFIED COATINGS INC

Borrower Address

7594 Highway 65 NE

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3573

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3573

CD

MN-05

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187496.00

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

Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141050.65

Forgiveness Date

01/06/2023

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