Dayco Concrete Company, Inc.

$1,108,299 PPP Loan in Chanhassen, Minnesota

Loan Details

Loan Number
9110067003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,108,299
Current Approval
$1,108,299
Forgiveness Amount
$1,120,552
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dayco Concrete Company, Inc.
Address
1850 Lake Dr W
ZIP Code
55317-8585
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,028,541
Rent
$74,758
Utilities
$5,000

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank & Trust Company

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