Damschen Wood, Inc.

$106,100 PPP Loan in Hopkins, Minnesota

Loan Details

Loan Number
7055907003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$106,100
Current Approval
$106,100
Forgiveness Amount
$107,255
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Damschen Wood, Inc.
Address
625 13th Ave
ZIP Code
55343-7828
Business Type
Corporation
Industry (NAICS)
Manufacturing (337212)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$82,404
Rent
$11,922
Utilities
$5,262
Health Care
$6,512

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

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