PPP Loan information for Msw foods, inc.

$62,500

Msw foods, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 17 jobs and $62,500 was used to fund payroll.

Msw foods, inc. is Existing or more than 2 years old

MSW FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MSW FOODS, INC.

Borrower Address

1412 Central Ave NE

Borrower City

EAST GRAND FORKS

Borrower State

MN

Borrower Zip

56721-1605

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen/Limited Brazier Operating Agreement

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GRAND FORKS

Project County Name

POLK

Project State

MN

Project Zip

56721-1605

CD

MN-07

Jobs Reported

17

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6250.00

Payroll Proceed

46900.00

Mortgage Interest Proceed

9350.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62952.05

Forgiveness Date

01/07/2021

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