Deml Ford Lincoln INC

$320,761 PPP Loan in Waseca, Minnesota

Loan Details

Loan Number
6153517003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$320,761
Current Approval
$320,761
Forgiveness Amount
$323,746
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Deml Ford Lincoln INC
Address
2100 Old Hwy 14
City
Waseca
ZIP Code
56093-4119
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$256,609
Rent
$33,800
Utilities
$1,352
Health Care
$29,000

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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