PPP Loan information for Dragotec usa inc.

$460,400

Dragotec usa inc. was initially approved for PPP Loan of amount $460,400, the current approved amount is $460,400. The loan was approved on 04/14/2020 by The Bank Midwest reported 31 jobs and $460,400 was used to fund payroll.

Dragotec usa inc. is Existing or more than 2 years old

DRAGOTEC USA INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DRAGOTEC USA INC.

Borrower Address

3701 30TH AVE

Borrower City

FENTON

Borrower State

IA

Borrower Zip

50539-7027

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460400.00

Current Approval Amount

460400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

KOSSUTH

Project State

IA

Project Zip

50539-7027

CD

IA-04

Jobs Reported

31

NAICS Code

423820

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

460400.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

463008.93

Forgiveness Date

11/12/2020

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