# PPP loan: DESMAN ENGINEERING INC.
> **$245K** approved 04/06/2020 · Paid in Full · Loan `5948277002`
## Borrower
- **Name:** DESMAN ENGINEERING INC.
- **Address:** 1201  36TH AVE, ALEXANDRIA, MN, 56308-3312
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 19
## Lender
- **Originating:** Viking Bank National Association
- **Servicing:** Viking Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*