PPP Loan information for Murphy automotive inc

$869,100

Murphy automotive inc was initially approved for PPP Loan of amount $869,100, the current approved amount is $869,100. The loan was approved on 04/04/2020 by The Lakeview Bank reported 88 jobs and $869,100 was used to fund payroll.

Murphy automotive inc is Existing or more than 2 years old

PPP Loan Search / MN / ROSEMOUNT / Murphy automotive inc

MURPHY AUTOMOTIVE INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MURPHY AUTOMOTIVE INC

Borrower Address

7358 160th ST W

Borrower City

ROSEMOUNT

Borrower State

MN

Borrower Zip

55068-1047

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869100.00

Current Approval Amount

869100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEMOUNT

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-1047

CD

MN-02

Jobs Reported

88

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70000.00

Payroll Proceed

651870.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

77230

Business Type

Subchapter S Corporation

Originating Lender Location Id

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

874387.03

Forgiveness Date

11/20/2020

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