PPP Loan information for K & a merschman inc

$77,675

K & a merschman inc was initially approved for PPP Loan of amount $77,675, the current approved amount is $77,675. The loan was approved on 01/22/2021 by The The First National Bank of Bemidji reported 9 jobs and $77,675 was used to fund payroll.

K & a merschman inc is Existing or more than 2 years old

K & A MERSCHMAN INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

K & A MERSCHMAN INC

Borrower Address

423 Bemidji Ave N

Borrower City

Bemidji

Borrower State

MN

Borrower Zip

56601-3110

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77675.00

Current Approval Amount

77675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bemidji

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3110

CD

MN-08

Jobs Reported

9

NAICS Code

531120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77673.00

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78000.80

Forgiveness Date

07/06/2021

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