Demmer Investments Iii, Inc.

$2,355,152 PPP Loan in Chaska, Minnesota

Loan Details

Loan Number
1093537101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,355,152
Current Approval
$2,355,152
Forgiveness Amount
$2,385,221
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Demmer Investments Iii, Inc.
Address
3990 Peavey Rd. 0.0
City
Chaska
ZIP Code
55318-2300
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$130.9M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,911,200
Rent
$140,006
Utilities
$69,093
Health Care
$234,853

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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