PPP Loan information for Marti electric of kasson, inc.

$67,715

Marti electric of kasson, inc. was initially approved for PPP Loan of amount $67,715, the current approved amount is $67,715. The loan was approved on 04/07/2020 by The Manufacturers Bank & Trust Company reported 8 jobs and $67,715 was used to fund payroll.

Marti electric of kasson, inc. is Existing or more than 2 years old

MARTI ELECTRIC OF KASSON, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARTI ELECTRIC OF KASSON, INC.

Borrower Address

701 3rd Street SE

Borrower City

KASSON

Borrower State

MN

Borrower Zip

55944-1048

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67715.00

Current Approval Amount

67715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KASSON

Project County Name

OLMSTED

Project State

MN

Project Zip

55944-1048

CD

MN-01

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

968.00

Payroll Proceed

59747.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68045.23

Forgiveness Date

10/13/2020

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