PPP Loan information for Marlo motors inc

$14,152

Marlo motors inc was initially approved for PPP Loan of amount $14,152, the current approved amount is $14,152. The loan was approved on 01/25/2021 by The Vergas State Bank reported 2 jobs and $14,152 was used to fund payroll.

Marlo motors inc is Existing or more than 2 years old

MARLO MOTORS INC

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MARLO MOTORS INC

Borrower Address

42373 State Highway 78 Ste C

Borrower City

Perham

Borrower State

MN

Borrower Zip

56573-8957

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14151.88

Current Approval Amount

14151.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38962

Servicing Lender Name

Vergas State Bank

Servicing Lender Address

106 E Main St

Servicing Lender City

VERGAS

Servicing Lender State

MN

Servicing Lender Zip

56587

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perham

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-8957

CD

MN-07

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14150.88

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

38962

Originating Lender

Vergas State Bank

Originating Lender City

VERGAS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14242.61

Forgiveness Date

09/24/2021

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