PPP Loan information for Minnesota marine industries, inc.

$114,478

Minnesota marine industries, inc. was initially approved for PPP Loan of amount $114,478, the current approved amount is $114,478. The loan was approved on 04/08/2020 by The Western National Bank reported 20 jobs and $114,478 was used to fund payroll.

Minnesota marine industries, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Minnesota marine industries, inc.

MINNESOTA MARINE INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA MARINE INDUSTRIES, INC.

Borrower Address

1501 London Road

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55812

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114477.67

Current Approval Amount

114477.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55812-1100

CD

MN-08

Jobs Reported

20

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

110477.67

Mortgage Interest Proceed

1000.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115492.07

Forgiveness Date

03/01/2021

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