PPP Loan information for Mrm rochester inc

$238,264

Mrm rochester inc was initially approved for PPP Loan of amount $238,264, the current approved amount is $238,264. The loan was approved on 04/05/2020 by The Sterling State Bank reported 59 jobs and $238,264 was used to fund payroll.

Mrm rochester inc is New Business or 2 years or less

PPP Loan Search / MN / ROCHESTER / Mrm rochester inc

MRM ROCHESTER INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MRM ROCHESTER INC

Borrower Address

255 1ST AVE SW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-3157

Loan Status Date

12/17/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

238263.86

Current Approval Amount

238263.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-3157

CD

MN-01

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

238263.86

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

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166498.22

Forgiveness Date

06/22/2021

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