PPP Loan information for Mergen acres llc

$22,025

Mergen acres llc was initially approved for PPP Loan of amount $9,200, the current approved amount is $22,025. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 2 jobs and $22,025 was used to fund payroll.

Mergen acres llc is Existing or more than 2 years old

PPP Loan Search / MN / ALBANY / Mergen acres llc

MERGEN ACRES LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERGEN ACRES LLC

Borrower Address

29302 County Road 117

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-9414

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9200.00

Current Approval Amount

22025.00

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

Albany

Project County Name

STEARNS

Project State

MN

Project Zip

56307-0001

CD

MN-07

Jobs Reported

2

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22025.00

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

Limited Liability Company(LLC)

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

22286.28

Forgiveness Date

07/12/2021

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