# PPP loan: DEMMER INVESTMENTS II, INC.
> **$751K** approved 04/14/2020 · Paid in Full · Loan `7044207108`
## Borrower
- **Name:** DEMMER INVESTMENTS II, INC.
- **Address:** 7770 Ranchers Rd NE 0.0, Fridley, MN, 55432-2521
- **NAICS:** 336390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $760K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $591K
- **Rent:** $56K
- **Utilities:** $29K
- **Health care:** $74K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*