Dahmes Stainless INC

$1,040,000 PPP Loan in New London, Minnesota

Loan Details

Loan Number
7062307009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,040,000
Current Approval
$1,042,500
Forgiveness Amount
$1,050,240
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dahmes Stainless INC
Address
526 4th Ave
ZIP Code
56273-8566
Business Type
Corporation
Industry (NAICS)
Manufacturing (333241)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,042,500

Lender Information

Servicing Lender
Falcon National Bank
Originating Lender
Falcon National Bank

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