PPP Loan information for M&h appliance sales and service inc.

$275,000

M&h appliance sales and service inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/03/2020 by The First Citizens Bank reported 31 jobs and $275,000 was used to fund payroll.

M&h appliance sales and service inc. is Existing or more than 2 years old

M&H APPLIANCE SALES AND SERVICE INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M&H APPLIANCE SALES AND SERVICE INC.

Borrower Address

1855 FRONTAGE RD

Borrower City

MORA

Borrower State

MN

Borrower Zip

55051-7162

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORA

Project County Name

KANABEC

Project State

MN

Project Zip

55051-7162

CD

MN-08

Jobs Reported

31

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

29400.00

Payroll Proceed

220000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277070.14

Forgiveness Date

01/07/2021

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