PPP Loan information for Merkel's foods inc

$117,200

Merkel's foods inc was initially approved for PPP Loan of amount $117,200, the current approved amount is $117,200. The loan was approved on 04/28/2020 by The Dacotah Bank reported 23 jobs and $117,200 was used to fund payroll.

Merkel's foods inc is Existing or more than 2 years old

PPP Loan Search / SD / MOBRIDGE / Merkel's foods inc

MERKEL'S FOODS INC

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MERKEL'S FOODS INC

Borrower Address

416 MAIN ST

Borrower City

MOBRIDGE

Borrower State

SD

Borrower Zip

57601-2540

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117200.00

Current Approval Amount

117200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBRIDGE

Project County Name

WALWORTH

Project State

SD

Project Zip

57601-2540

CD

SD-

Jobs Reported

23

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23440.00

Payroll Proceed

93760.00

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

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117828.32

Forgiveness Date

11/12/2020

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