PPP Loan information for M-n utilities inc

$144,110

M-n utilities inc was initially approved for PPP Loan of amount $144,110, the current approved amount is $144,110. The loan was approved on 04/28/2020 by The Origin Bank reported 11 jobs and $144,110 was used to fund payroll.

M-n utilities inc is Existing or more than 2 years old

M-N UTILITIES INC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

M-N UTILITIES INC

Borrower Address

646 COMMERCIAL PKWY

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292-8062

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144110.00

Current Approval Amount

144110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-8062

CD

LA-05

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

115288.00

Mortgage Interest Proceed

8822.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

145423.00

Forgiveness Date

03/25/2021

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