PPP borrower record

DAMEL CORPORATION, INC. PPP loan record

Public SBA PPP loan record for DAMEL CORPORATION, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$440,000
Approved amount
$443,508
Forgiven amount
2020-04-09
Date approved

Borrower and loan details

Borrower
DAMEL CORPORATION, INC.
Loan number
9727497003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Austin
Borrower state
Minnesota
Borrower ZIP
55912
Jobs reported
29
Loan status
Exemption 4
Forgiveness date
2021-02-01
Servicing lender
Merchants Bank, National Association
Originating lender
Merchants Bank, National Association

Reported use of proceeds

Payroll
$427,671
Rent
$10,929
Utilities
$1,400
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.