PPP Loan information for Marlo motors inc

$13,307

Marlo motors inc was initially approved for PPP Loan of amount $13,307, the current approved amount is $13,307. The loan was approved on 04/07/2020 by The Vergas State Bank reported 2 jobs and $13,307 was used to fund payroll.

Marlo motors inc is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Marlo motors inc

MARLO MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARLO MOTORS INC

Borrower Address

42373 St Hwy 78 Suite C

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-8957

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13307.00

Current Approval Amount

13307.00

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

10646.00

Mortgage Interest Proceed

0.00

Rent Proceed

2661.00

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

13382.83

Forgiveness Date

11/12/2020

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