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
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

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