Daka Corporation

$298,000 PPP Loan in Pine City, Minnesota

Loan Details

Loan Number
5041197004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$298,000
Current Approval
$259,286
Forgiveness Amount
$261,438
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daka Corporation
Address
955 Industrial St NE
ZIP Code
55063-1455
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238390)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$223,601
Rent
$12,000
Utilities
$6,400
Health Care
$17,285

Lender Information

Servicing Lender
Stearns Bank National Association
Originating Lender
Stearns Bank National Association

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