Damel Corporation INC

$440,000 PPP Loan in Austin, Minnesota

Loan Details

Loan Number
2083928402
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$440,000
Current Approval
$440,000
Forgiveness Amount
$442,061
Forgiveness Date
Jul 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Damel Corporation INC
Address
3608 4th St NW
City
Austin
ZIP Code
55912-4804
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$439,998
Utilities
$1

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank and Trust Company

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