PPP Loan information for Margrabe enterprises inc

$41,600

Margrabe enterprises inc was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 05/06/2020 by The Montgomery Bank reported 2 jobs and $41,600 was used to fund payroll.

Margrabe enterprises inc is Existing or more than 2 years old

MARGRABE ENTERPRISES INC

Date Approved

05/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MARGRABE ENTERPRISES INC

Borrower Address

325 S KINGSHIGHWAY

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63703-5701

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63703-5701

CD

MO-08

Jobs Reported

2

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4133.00

Payroll Proceed

33334.00

Mortgage Interest Proceed

4133.00

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

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39802.40

Forgiveness Date

11/12/2020

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