PPP Loan information for Marcus well drilling inc

$29,700

Marcus well drilling inc was initially approved for PPP Loan of amount $29,700, the current approved amount is $29,700. The loan was approved on 04/28/2020 by The Dawson Co-op CU reported 5 jobs and $29,700 was used to fund payroll.

Marcus well drilling inc is Existing or more than 2 years old

MARCUS WELL DRILLING INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARCUS WELL DRILLING INC

Borrower Address

103 South Main St

Borrower City

Renville

Borrower State

MN

Borrower Zip

56284-0388

Loan Status Date

06/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29700.00

Current Approval Amount

29700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99643

Servicing Lender Name

Dawson Co-op CU

Servicing Lender Address

711 6th St

Servicing Lender City

DAWSON

Servicing Lender State

MN

Servicing Lender Zip

56232-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Renville

Project County Name

RENVILLE

Project State

MN

Project Zip

56284-0388

CD

MN-07

Jobs Reported

5

NAICS Code

237110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

19700.00

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

Corporation

Originating Lender Location Id

99643

Originating Lender

Dawson Co-op CU

Originating Lender City

DAWSON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29837.52

Forgiveness Date

10/21/2020

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