PPP Loan information for Mclaughlin enterprises

$364,200

Mclaughlin enterprises was initially approved for PPP Loan of amount $364,200, the current approved amount is $364,200. The loan was approved on 04/09/2020 by The Alerus Financial, National Association reported 30 jobs and $364,200 was used to fund payroll.

Mclaughlin enterprises is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Mclaughlin enterprises

MCLAUGHLIN ENTERPRISES

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MCLAUGHLIN ENTERPRISES

Borrower Address

325 S 25th Street

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-2326

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364200.00

Current Approval Amount

364200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-2326

CD

ND-

Jobs Reported

30

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

281300.00

Mortgage Interest Proceed

5000.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

366891.03

Forgiveness Date

01/07/2021

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