Dittrich Specialties, Inc.
$327,400 PPP Loan in New Ulm, Minnesota
Loan Details
- Loan Number
- 8185117005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $327,400
- Current Approval
- $327,400
- Forgiveness Amount
- $329,517
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dittrich Specialties, Inc.
- Address
- 2110 N Broadway St
- City
- New Ulm
- State
- Minnesota
- ZIP Code
- 56073-1031
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $9.1M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $290,000
- Rent
- $25,000
- Utilities
- $5,000
- Debt Interest
- $7,400
Lender Information
- Servicing Lender
- Arcadian Bank
- Originating Lender
- Arcadian Bank
Other PPP Loans in New Ulm, MN
| Business | Approved | |
|---|---|---|
| Associated Milk Producers INC | $10,000,000 | |
| Nuvera Communications, Inc. | $2,889,000 | |
| Martin Luther College | $2,393,700 | |
| Careen, Inc. | $1,796,300 | |
| Gislason and Hunter LLP | $1,712,886 |
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