Date Approved
05/01/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MORNESS ENGINEERING, INC.
Borrower Address
10132 31st Court NE
Borrower City
Saint Michael
Borrower State
MN
Borrower Zip
55376
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
47500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122043
Servicing Lender Name
WebBank
Servicing Lender Address
215 S State St, Ste 1000
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-2336
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WRIGHT
Project State
Project Zip
55376-0001
CD
MN-06
Jobs Reported
2
NAICS Code
541330
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
48018.54
Forgiveness Date
06/04/2021