Delmed INC

$358,000 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
2929557102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$358,000
Current Approval
$358,000
Forgiveness Amount
$360,377
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Delmed INC
Address
6931 135th Ave NE Unit a
ZIP Code
55025-9402
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$346,000
Rent
$6,800
Health Care
$5,200

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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