PPP Loan information for Demmer investments iii, inc.

$2,355,152

Demmer investments iii, inc. was initially approved for PPP Loan of amount $2,355,152, the current approved amount is $2,355,152. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $2,355,152 was used to fund payroll.

Demmer investments iii, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Chaska / Demmer investments iii, inc.

DEMMER INVESTMENTS III, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DEMMER INVESTMENTS III, INC.

Borrower Address

3990 Peavey Rd. 0.0

Borrower City

Chaska

Borrower State

MN

Borrower Zip

55318-2300

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2355152.00

Current Approval Amount

2355152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chaska

Project County Name

CARVER

Project State

MN

Project Zip

55318-2300

CD

MN-06

Jobs Reported

500

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69093.00

Payroll Proceed

1911200.00

Mortgage Interest Proceed

0.00

Rent Proceed

140006.00

Refinance EIDL Proceed

0.00

Health Care Proceed

234853.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2385220.75

Forgiveness Date

07/26/2021

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