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Diamond Lake Tool, Inc.

$92,200 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
6931887006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$92,200
Current Approval
$92,200
Forgiveness Amount
$92,966
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Diamond Lake Tool, Inc.
Address
16710 E Highway 10
City
Elk River
State
Minnesota
ZIP Code
55330-6317
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$92,200

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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