PPP Loan information for Dahmes stainless inc

$1,042,500

Dahmes stainless inc was initially approved for PPP Loan of amount $1,040,000, the current approved amount is $1,042,500. The loan was approved on 04/07/2020 by The Falcon National Bank reported 63 jobs and $1,042,500 was used to fund payroll.

Dahmes stainless inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW LONDON / Dahmes stainless inc

DAHMES STAINLESS INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAHMES STAINLESS INC

Borrower Address

526 4TH AVE

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-8566

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1040000.00

Current Approval Amount

1042500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8566

CD

MN-07

Jobs Reported

63

NAICS Code

333241

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1042500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1050240.21

Forgiveness Date

01/13/2021

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