PPP Loan information for Dulcimer medical center

$418,400

Dulcimer medical center was initially approved for PPP Loan of amount $441,600, the current approved amount is $418,400. The loan was approved on 04/06/2020 by The Bank Midwest reported 37 jobs and $418,400 was used to fund payroll.

Dulcimer medical center is Existing or more than 2 years old

DULCIMER MEDICAL CENTER

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DULCIMER MEDICAL CENTER

Borrower Address

1950 CENTER CREEK DR

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3426

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441600.00

Current Approval Amount

418400.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3426

CD

MN-01

Jobs Reported

37

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

418400.00

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

410646.20

Forgiveness Date

11/09/2020

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