PPP Loan information for Diversified converter materials, inc

$162,800

Diversified converter materials, inc was initially approved for PPP Loan of amount $162,800, the current approved amount is $162,800. The loan was approved on 04/05/2020 by The Stock Yards Bank & Trust Company reported 9 jobs and $162,800 was used to fund payroll.

Diversified converter materials, inc is Existing or more than 2 years old

DIVERSIFIED CONVERTER MATERIALS, INC

Date Approved

04/05/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

DIVERSIFIED CONVERTER MATERIALS, INC

Borrower Address

8650 SEWARD RD

Borrower City

FAIRFIELD

Borrower State

OH

Borrower Zip

45011-9716

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162800.00

Current Approval Amount

162800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

BUTLER

Project State

OH

Project Zip

45011-9716

CD

OH-08

Jobs Reported

9

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162800.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164588.57

Forgiveness Date

05/20/2021

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