PPP Loan information for Morris bearing & supply, inc.

$24,900

Morris bearing & supply, inc. was initially approved for PPP Loan of amount $24,900, the current approved amount is $24,900. The loan was approved on 04/29/2020 by The Dacotah Bank reported 3 jobs and $24,900 was used to fund payroll.

Morris bearing & supply, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MORRIS / Morris bearing & supply, inc.

MORRIS BEARING & SUPPLY, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORRIS BEARING & SUPPLY, INC.

Borrower Address

814 West 5TH ST

Borrower City

MORRIS

Borrower State

MN

Borrower Zip

56267-1172

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24900.00

Current Approval Amount

24900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

STEVENS

Project State

MN

Project Zip

56267-1172

CD

MN-07

Jobs Reported

3

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1900.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25128.25

Forgiveness Date

04/02/2021

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