PPP Loan information for Morgan feedlots inc.

$211,000

Morgan feedlots inc. was initially approved for PPP Loan of amount $184,800, the current approved amount is $211,000. The loan was approved on 04/06/2020 by The Magnifi Financial CU reported 23 jobs and $211,000 was used to fund payroll.

Morgan feedlots inc. is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Morgan feedlots inc.

MORGAN FEEDLOTS INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORGAN FEEDLOTS INC.

Borrower Address

26162 240TH ST

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9740

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184800.00

Current Approval Amount

211000.00

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

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9740

CD

MN-07

Jobs Reported

23

NAICS Code

112112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

207000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213185.15

Forgiveness Date

04/27/2021

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