PPP Loan information for Duratech industries international, inc.

$1,483,900

Duratech industries international, inc. was initially approved for PPP Loan of amount $1,104,400, the current approved amount is $1,483,900. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 92 jobs and $1,483,900 was used to fund payroll.

Duratech industries international, inc. is Existing or more than 2 years old

PPP Loan Search / ND / JAMESTOWN / Duratech industries international, inc.

DURATECH INDUSTRIES INTERNATIONAL, INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DURATECH INDUSTRIES INTERNATIONAL, INC.

Borrower Address

3780 HWY 281 SE

Borrower City

JAMESTOWN

Borrower State

ND

Borrower Zip

58401-9421

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1104400.00

Current Approval Amount

1483900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMESTOWN

Project County Name

STUTSMAN

Project State

ND

Project Zip

58401-9421

CD

ND-

Jobs Reported

92

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1483900.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1492226.33

Forgiveness Date

11/03/2020

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