Demmer Investments Ii, Inc.
$750,572 PPP Loan in Fridley, Minnesota
Loan Details
- Loan Number
- 7044207108
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $750,572
- Current Approval
- $750,572
- Forgiveness Amount
- $760,216
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Demmer Investments Ii, Inc.
- Address
- 7770 Ranchers Rd NE 0.0
- City
- Fridley
- State
- Minnesota
- ZIP Code
- 55432-2521
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $591,072
- Rent
- $56,176
- Utilities
- $29,343
- Health Care
- $73,981
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Fridley, MN
| Business | Approved | |
|---|---|---|
| Reviva, Inc. | $2,589,000 | |
| Rao Manufacturing Company | $2,433,608 | |
| Metropolitan Transportation Network, INC | $1,998,200 | |
| Rao Manufacturing Company | $1,995,107 | |
| Fridley Motor Company | $1,580,800 |
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