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
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

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