PPP Loan information for Melrose feed mill inc.

$115,400

Melrose feed mill inc. was initially approved for PPP Loan of amount $115,400, the current approved amount is $115,400. The loan was approved on 04/09/2020 by The Magnifi Financial CU reported 10 jobs and $115,400 was used to fund payroll.

Melrose feed mill inc. is Existing or more than 2 years old

PPP Loan Search / MN / MELROSE / Melrose feed mill inc.

MELROSE FEED MILL INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MELROSE FEED MILL INC.

Borrower Address

224 TURKEY LN SE

Borrower City

MELROSE

Borrower State

MN

Borrower Zip

56352-1375

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115400.00

Current Approval Amount

115400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MELROSE

Project County Name

STEARNS

Project State

MN

Project Zip

56352-1375

CD

MN-07

Jobs Reported

10

NAICS Code

112330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21200.00

Payroll Proceed

73000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116041.81

Forgiveness Date

11/05/2020

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