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Dowco Valve Company INC

$380,000 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
1672168305
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$380,000
Current Approval
$380,000
Forgiveness Amount
$381,489
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Dowco Valve Company INC
Address
700 Spiral Blvd
City
Hastings
State
Minnesota
ZIP Code
55033-3739
Business Type
Corporation
Industry (NAICS)
Manufacturing (332911)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$379,998
Utilities
$1

Lender Information

Servicing Lender
Vibrant Credit Union
Originating Lender
Vibrant Credit Union

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