Cordem Corporation

$40,000 PPP Loan in Chanhassen, Minnesota

Loan Details

Loan Number
8578537003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$40,000
Current Approval
$40,000
Forgiveness Amount
$40,250
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cordem Corporation
Address
7860 Park Drive
ZIP Code
55317-9500
Business Type
Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$32,000
Rent
$8,000

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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