PPP Loan information for K & a merschman inc

$78,000

K & a merschman inc was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/05/2020 by The The First National Bank of Bemidji reported 7 jobs and $78,000 was used to fund payroll.

K & a merschman inc is New Business or 2 years or less

K & A MERSCHMAN INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

K & A MERSCHMAN INC

Borrower Address

423 BEMIDJI AVE

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-3110

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3110

CD

MN-08

Jobs Reported

7

NAICS Code

447190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78405.17

Forgiveness Date

10/20/2020

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