PPP Loan information for Majestic towing inc

$36,500

Majestic towing inc was initially approved for PPP Loan of amount $36,557, the current approved amount is $36,500. The loan was approved on 02/06/2021 by The MidWestOne Bank reported 3 jobs and $36,500 was used to fund payroll.

Majestic towing inc is Existing or more than 2 years old

PPP Loan Search / MN / Pine City / Majestic towing inc

MAJESTIC TOWING INC

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MAJESTIC TOWING INC

Borrower Address

56761 Forest Boulevard Pine City MN 55063

Borrower City

Pine City

Borrower State

MN

Borrower Zip

55063

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36557.00

Current Approval Amount

36500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pine City

Project County Name

PINE

Project State

MN

Project Zip

55063

CD

MN-08

Jobs Reported

3

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36500.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36802.14

Forgiveness Date

12/08/2021

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