Damel Corporation, Inc.
$440,000 PPP Loan in Austin, Minnesota
Loan Details
- Loan Number
- 9727497003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $440,000
- Current Approval
- $440,000
- Forgiveness Amount
- $443,508
- Forgiveness Date
- Feb 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Damel Corporation, Inc.
- Address
- 3608 4th St NW
- City
- Austin
- State
- Minnesota
- ZIP Code
- 55912-1211
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $7.7M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $427,671
- Rent
- $10,929
- Utilities
- $1,400
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Austin, MN
| Business | Approved | |
|---|---|---|
| Astrup Drug INC | $2,879,000 |  Research |
| Cedar Valley Services INC | $1,893,492 | Research |
| Mcfarland Truck Lines INC | $1,830,503 | Research |
| Harty Mechanical Inc. | $1,732,500 | Research |
| Sacred Heart Care Center INC | $1,109,013 | Research |
Want to research this company further?
Try NewBizBot free