PPP Loan information for Dmc welding & repair, llc

$18,700

Dmc welding & repair, llc was initially approved for PPP Loan of amount $18,700, the current approved amount is $18,700. The loan was approved on 05/26/2020 by The Raccoon Valley Bank reported 7 jobs and $18,700 was used to fund payroll.

Dmc welding & repair, llc is Existing or more than 2 years old

DMC WELDING & REPAIR, LLC

Date Approved

05/26/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DMC WELDING & REPAIR, LLC

Borrower Address

2468 240TH ST

Borrower City

DALLAS CENTER

Borrower State

IA

Borrower Zip

50063-8029

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18700.00

Current Approval Amount

18700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS CENTER

Project County Name

DALLAS

Project State

IA

Project Zip

50063-8029

CD

IA-03

Jobs Reported

7

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18852.72

Forgiveness Date

03/18/2021

;