PPP Loan information for Demmer investments ii, inc.

$750,572

Demmer investments ii, inc. was initially approved for PPP Loan of amount $750,572, the current approved amount is $750,572. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $750,572 was used to fund payroll.

Demmer investments ii, inc. is Existing or more than 2 years old

DEMMER INVESTMENTS II, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DEMMER INVESTMENTS II, INC.

Borrower Address

7770 Ranchers Rd NE 0.0

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-2521

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750572.00

Current Approval Amount

750572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-2521

CD

MN-05

Jobs Reported

500

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29343.00

Payroll Proceed

591072.00

Mortgage Interest Proceed

0.00

Rent Proceed

56176.00

Refinance EIDL Proceed

0.00

Health Care Proceed

73981.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

760216.02

Forgiveness Date

08/02/2021

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