PPP Loan information for M2food, inc

$167,000

M2food, inc was initially approved for PPP Loan of amount $167,000, the current approved amount is $167,000. The loan was approved on 04/14/2020 by The Customers Bank reported 43 jobs and $167,000 was used to fund payroll.

M2food, inc is Existing or more than 2 years old

PPP Loan Search / MN / New Prague / M2food, inc

M2FOOD, INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M2FOOD, INC

Borrower Address

825 1st Street SE

Borrower City

New Prague

Borrower State

MN

Borrower Zip

56071

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167000.00

Current Approval Amount

167000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Prague

Project County Name

LE SUEUR

Project State

MN

Project Zip

56071-0001

CD

MN-02

Jobs Reported

43

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168523.59

Forgiveness Date

03/31/2021

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