PPP Loan information for Mj capelli inc

$681,000

Mj capelli inc was initially approved for PPP Loan of amount $681,000, the current approved amount is $681,000. The loan was approved on 02/03/2021 by The Alerus Financial, National Association reported 92 jobs and $681,000 was used to fund payroll.

Mj capelli inc is Existing or more than 2 years old

MJ CAPELLI INC

Date Approved

02/03/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MJ CAPELLI INC

Borrower Address

3101 13th Ave S

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-3506

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

681000.00

Current Approval Amount

681000.00

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

Y

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

58103-3506

CD

ND-

Jobs Reported

92

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

680998.00

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

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

626899.36

Forgiveness Date

08/02/2021

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