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Dimax Corporation

$350,000 PPP Loan in Winsted, Minnesota

Loan Details

Loan Number
7935097007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$350,000
Current Approval
$350,000
Forgiveness Amount
$352,348
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dimax Corporation
Address
1107 Industrial Ln
City
Winsted
State
Minnesota
ZIP Code
55395-2601
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$312,000
Rent
$20,500
Utilities
$7,500
Health Care
$10,000

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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