PPP Loan information for Damschen wood, inc.

$106,100

Damschen wood, inc. was initially approved for PPP Loan of amount $106,100, the current approved amount is $106,100. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 10 jobs and $106,100 was used to fund payroll.

Damschen wood, inc. is Existing or more than 2 years old

DAMSCHEN WOOD, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAMSCHEN WOOD, INC.

Borrower Address

625 13TH AVE

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7828

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106100.00

Current Approval Amount

106100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7828

CD

MN-03

Jobs Reported

10

NAICS Code

337212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5262.00

Payroll Proceed

82404.00

Mortgage Interest Proceed

0.00

Rent Proceed

11922.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6512.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107255.31

Forgiveness Date

05/10/2021

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