PPP Loan information for Morris furniture company of albert lea

$48,447

Morris furniture company of albert lea was initially approved for PPP Loan of amount $48,447, the current approved amount is $48,447. The loan was approved on 01/19/2021 by The Security Bank Minnesota reported 8 jobs and $48,447 was used to fund payroll.

Morris furniture company of albert lea is Existing or more than 2 years old

PPP Loan Search / MN / Albert Lea / Morris furniture company of albert lea

MORRIS FURNITURE COMPANY OF ALBERT LEA

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MORRIS FURNITURE COMPANY OF ALBERT LEA

Borrower Address

1909 E Main St

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-3916

Loan Status Date

01/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48447.00

Current Approval Amount

48447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3916

CD

MN-01

Jobs Reported

8

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48445.00

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

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

48885.71

Forgiveness Date

12/14/2021

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