Degelman Industries USA Ltd

$579,300 PPP Loan in Hillsboro, North Dakota

Loan Details

Loan Number
4269027110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$579,300
Current Approval
$579,300
Forgiveness Amount
$582,474
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Degelman Industries USA Ltd
Address
105 Boeddeker Drive S
ZIP Code
58045-9999
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.7M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$481,300
Rent
$20,000
Utilities
$20,000
Health Care
$58,000

Lender Information

Servicing Lender
Dakota Heritage Bank
Originating Lender
Dakota Heritage Bank

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