# PPP loan: DALCO ENTERPRISES, INC.
> **$2.09M** approved 04/10/2020 · Paid in Full · Loan `1294097107`
## Borrower
- **Name:** DALCO ENTERPRISES, INC.
- **Address:** 300 5th Ave NW, New Brighton, MN, 55112-3232
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.09M
- **Initial approval:** $2.09M
- **Forgiven:** $2.12M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.09M
- **Jobs reported:** 160
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*