Date Approved
04/12/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MM MARCHELL ELECTRIC, INC.
Borrower Address
13500 County 13
Borrower City
Park Rapids
Borrower State
MN
Borrower Zip
56470-2640
Loan Status Date
03/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
44000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99703
Servicing Lender Name
TruStar FCU
Servicing Lender Address
601 4th St
Servicing Lender City
INTERNATIONAL FALLS
Servicing Lender State
Servicing Lender Zip
56649-2436
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUBBARD
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
43999.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
44354.44
Forgiveness Date
02/02/2021