# PPP loan: DIMAX CORPORATION
> **$350K** approved 04/08/2020 · Paid in Full · Loan `7935097007`
## Borrower
- **Name:** DIMAX CORPORATION
- **Address:** 1107 INDUSTRIAL LN, WINSTED, MN, 55395-2601
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Rent:** $21K
- **Utilities:** $8K
- **Health care:** $10K
- **Jobs reported:** 28
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*