PPP Loan information for Damel corporation inc

$440,000

Damel corporation inc was initially approved for PPP Loan of amount $440,000, the current approved amount is $440,000. The loan was approved on 02/03/2021 by The Manufacturers Bank & Trust Company reported 29 jobs and $440,000 was used to fund payroll.

Damel corporation inc is Existing or more than 2 years old

PPP Loan Search / MN / Austin / Damel corporation inc

DAMEL CORPORATION INC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DAMEL CORPORATION INC

Borrower Address

3608 4th St NW

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-4804

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

440000.00

Current Approval Amount

440000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

MOWER

Project State

MN

Project Zip

55912-4804

CD

MN-01

Jobs Reported

29

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

439998.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442061.37

Forgiveness Date

07/30/2021

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