Deister Machine Company INC
$3,514,200 PPP Loan in Fort Wayne, Indiana
Loan Details
- Loan Number
- 5177977001
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,514,200
- Current Approval
- $3,514,200
- Forgiveness Amount
- $3,561,642
- Forgiveness Date
- Aug 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Deister Machine Company INC
- Address
- 1933 E Wayne St
- City
- Fort Wayne
- State
- Indiana
- ZIP Code
- 46803-1332
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333131)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- $65.5M
- Rural/Urban
- Urban
- Congressional District
- IN-03
Loan Use Breakdown
- Payroll
- $3,042,427
- Rent
- $80,726
- Utilities
- $117,539
- Health Care
- $258,436
- Debt Interest
- $15,072
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Fort Wayne, IN
| Business | Approved | |
|---|---|---|
| Pro Resources, Inc. | $9,614,000 | |
| Rea Magnet Wire Company, Inc. | $9,282,870 | |
| Ducharme, Mcmillen & Associates, Inc. | $8,084,500 | |
| Ash Brokerage, LLC | $7,152,227 | |
| Weigand Construction Co INC | $6,992,500 |
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